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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: Oil, nat gas, RBOB decline

HOUSTON, December 17, 2018 (PCW) — January NYMEX crude futures settled down $1.32 per barrel at $49.88/bbl. February Brent at the close of the NYMEX decreased $0.67 at $59.61 bbl. The February Brent/WTI spread widened at $9.41 bbl favoring Brent.

Prompt natural gas futures were down 29.9 cents at $3.528 mmBtu. January NYMEX RBOB futures closed at $1.4104 gal, down 2.39 cpg.

December gasoline differentials were mostly lower versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.35 bbl, $6.84 /bbl under the screen. – John Troland

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