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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 Thursday Wrap: Oil, natural gas decline

HOUSTON, December 6, 2018 (PCW) — January NYMEX crude futures settled down $1.40 per barrel at $51.49/bbl. February Brent at the close of the NYMEX decreased $1 50 at $60.06 bbl. The February Brent/WTI spread narrowed at $8.36 bbl favoring Brent.

Prompt natural gas futures were down 14.2 cents at $4.327 mmBtu. January NYMEX RBOB futures closed at $1.4334 gal, down 1.22 cpg.

December gasoline differentials were lower versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.88 bbl, $5.78 /bbl under the screen. – John Troland

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