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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 Monday Wrap: Nat gas plunges as oil holds steady

HOUSTON, December 31, 2018 (PCW) — February NYMEX crude futures settled up $0.08 per barrel at $45.41/bbl. March Brent at the close of the NYMEX increased $0.59 at $53.80 bbl. The March Brent/WTI spread widened to $8.08 bbl favoring Brent.

Prompt natural gas futures were down 36.3 cents at $2.940 mmBtu. January NYMEX RBOB futures closed at $1.3237 gal, up 0.25 cpg.

December gasoline differentials were lower versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.13 bbl, $7.24 /bbl under the screen. – John Troland

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