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Daily Wire

  

PetroChem Wire's Daily Wire provides closing prices and a summary of the day's trading activity for US ethylene, proylene, polymers and upstream NGLs markets. Begun in 2007, its olefins and polyolefins prices serve as benchmarks for a number of physical and swap contracts that trade on the CME/NYMEX Clearport system.

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NYMEX Wednesday Wrap: Oil declines as nat gas gains

HOUSTON, December 5, 2018 (PCW) — January NYMEX crude futures settled down $0.36 per barrel at $52.89/bbl. February Brent at the close of the NYMEX decreased $0 52 at $61.56 bbl. The February Brent/WTI spread narrowed at $8.44 bbl favoring Brent.

Prompt natural gas futures were up 1.2 cents at $4.469 mmBtu. January NYMEX RBOB futures closed at $1.4456 gal, up 0.22 cpg.

December gasoline differentials were mixed versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.56 bbl, $5.47 /bbl under the screen. – John Troland

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