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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 Wednesday Wrap: Crude oil, gasoline surge, nat gas also gains

HOUSTON, January 9, 2018 (PCW) -- February NYMEX crude futures settled up $2.58/bbl at $52.36/bbl. March Brent at the close of the NYMEX was up $2.72 at $61.44/bbl. The March Brent/WTI spread widened to $8.75/bbl favoring Brent.

Prompt natural gas futures were up 1.7 cents at $2.984 mmBtu. February NYMEX RBOB futures closed at $1.4254/gal, up 6.28 cpg.

January gasoline differentials were lower versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $7.51/bbl, $6.37/bbl under the screen. -- John Troland

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