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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 Friday Wrap: Nat gas extends decline as oil gains $1.38

HOUSTON, December 14, 2018 (PCW) — January NYMEX crude futures settled down $1.38 per barrel at $51.20/bbl. February Brent at the close of the NYMEX decreased $1.17 at $60.28 bbl. The February Brent/WTI spread widened at $8.81 bbl favoring Brent.

Prompt natural gas futures were down 29.7 cents at $3.827 mmBtu. January NYMEX RBOB futures closed at $1.4343 gal, down 4.39 cpg.

December gasoline differentials were mixed versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.27 bbl, $6.52 /bbl under the screen. – John Troland

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