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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 rises above $52 as gas drops

HOUSTON, December 13, 2018 (PCW) — January NYMEX crude futures settled up $1.43 per barrel at $52.58/bbl. February Brent at the close of the NYMEX increased $1.25 at $61.45 bbl. The February Brent/WTI spread narrowed at $8.62 bbl favoring Brent.

Prompt natural gas futures were down 1.2 cents at $4.124 mmBtu. January NYMEX RBOB futures closed at $1.4782 gal, up 5.78 cpg.

December gasoline differentials were lower versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.44 bbl, $6.64 /bbl under the screen. – John Troland

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