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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 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.

The 3-2-1 crack spread in the Gulf Coast was $8.57 bbl, $7.55 /bbl under the screen. – John Troland

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