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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 Tuesday Wrap: Oil gains as nat gas drops 14 cents

HOUSTON, December 11, 2018 (PCW) — January NYMEX crude futures settled up $0.65 per barrel at $51.65/bbl. February Brent at the close of the NYMEX increased $0.23 at $60.20 bbl. The February Brent/WTI spread narrowed at $8.36 bbl favoring Brent.

Prompt natural gas futures were down 13.8 cents at $4.407 mmBtu. January NYMEX RBOB futures closed at $1.4398 gal, up 2.09 cpg.

December gasoline differentials were lower versus Monday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.24 bbl, $6.28 /bbl under the screen. – John Troland

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