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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 Thursday Wrap: Oil drops $1.61, nat gas rises

HOUSTON, December 26, 2018 (PCW) — February NYMEX crude futures settled down $1.61 at $44.61 bbl. February Brent at the close of the NYMEX decreased $2.31 at $52.16 bbl. The February Brent/WTI spread narrowed to $7.55 bbl favoring Brent.

Prompt natural gas futures were up 9.9 cents at $3.642 mmBtu. January NYMEX RBOB futures closed at $1.3040 gal, down 2.64 cpg.

December gasoline differentials were mostly higher versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.57 bbl, $7.17 /bbl under the screen. – John Troland

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