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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, gas close week with gains

HOUSTON, January 4, 2018 (PCW) — February NYMEX crude futures settled up $0.87 per barrel at $47.96/bbl. March Brent at the close of the NYMEX increased $1.11 at $57.06 bbl. The March Brent/WTI spread widened to $8.78 bbl favoring Brent.

Prompt natural gas futures were up 9.9 cents at $3.044 mmBtu. February NYMEX RBOB futures closed at $1.3478 gal, down 0.17 cpg.

January gasoline differentials were mostly lower versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.48 bbl, $6.07 /bbl under the screen. – John Troland

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