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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 Monday Wrap: Crude oil drops to $51 a barrel

HOUSTON, December 10, 2018 (PCW) — January NYMEX crude futures settled down $1.61 per barrel at $51.00/bbl. February Brent at the close of the NYMEX decreased $1 70 at $59.97 bbl. The February Brent/WTI spread widened at $8.77 bbl favoring Brent.

Prompt natural gas futures were up 5.7 cents at $4.545 mmBtu. January NYMEX RBOB futures closed at $1.4189 gal, down 6.69 cpg.

December gasoline differentials were mixed versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.54 bbl, $6.01 /bbl under the screen. – John Troland

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