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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 Friday Wrap: Oil extends decline, gas surges

HOUSTON, December 21, 2018 (PCW) — February NYMEX crude futures settled down $0.29 per barrel at $45.59/bbl. February Brent at the close of the NYMEX decreased $0.53 at $53.82 bbl. The February Brent/WTI spread narrowed to $8.23 bbl favoring Brent.

Prompt natural gas futures were up 23.3 cents at $3.816 mmBtu. January NYMEX RBOB futures closed at $1.3183 gal, down 0.41 cpg.

December gasoline differentials were higher versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.57 bbl, $7.26 /bbl under the screen. – John Troland

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