From PetroChem 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.
For more information, click here.
For all of our products and services,
NYMEX Wednesday Wrap: Oil surges $3.69 to top $46 a barrel
HOUSTON, December 26, 2018 (PCW) — February NYMEX crude futures settled up $3.69 at $46.22 bbl. February Brent at the close of the NYMEX increased $4.00 at $54.47 bbl. The February Brent/WTI spread widened to $8.25 bbl favoring Brent.
Prompt natural gas futures were up 7.6 cents at $3.543 mmBtu. January NYMEX RBOB futures closed at $1.3304 gal, up 8.16 cpg.
December gasoline differentials were lower versus Friday’s level.
A 4 CBOB 87 regular was lower at 11.75 cpg under the screen.
CBOB 87 was down at 11.75 cpg under the screen.
D4 CBOB 93 premium was lower at 0.00 cpg over the screen.
CBOB 93 was down 0.00 over the screen.
RBOB was lower at 9.25 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $8.57 bbl, $7.55 /bbl under the screen. – John Troland