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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 Friday Wrap: Oil and gasoline edge higher, nat gas drops

HOUSTON, December 28, 2018 (PCW) -- February NYMEX crude futures settled up $0.72 at $45.33/bbl. February Brent at the close of the NYMEX increased $0.07 to $52.23/bbl. The February Brent/WTI spread narrowed to $6.90/bbl favoring Brent.

Prompt natural gas futures were down 24.3 cents at $3.303/mmBtu. January NYMEX RBOB futures closed at $1.3262/gal, up 2.22 cpg.

December gasoline differentials were lower versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.03/bbl, $7.33/bbl under the screen. -- John Troland

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