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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 shows slight gain as nat gas slips

HOUSTON, January 10, 2018 (PCW) — February NYMEX crude futures settled up $0.23 at $52.59/bbl. March Brent at the close of the NYMEX increased $0.24 at $61.68 bbl. The March Brent/WTI spread widened to $8.77 bbl favoring Brent.

Prompt natural gas futures were down 1.5 cents at $2.969 mmBtu. February NYMEX RBOB futures closed at $1.4307 gal, up 0.53 cpg.

January gasoline differentials were higher versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $7.97 bbl, $6.19 /bbl under the screen. – John Troland

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