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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 Tuesday Wrap: Oil tops $52 as nat gas drops

HOUSTON, January 15, 2018 (PCW) — February NYMEX crude futures settled up $1.60 at $52.11/bbl. March Brent at the close of the NYMEX increased $1.65 at $60.64 bbl. The March Brent/WTI spread widened to $8.25 bbl favoring Brent.

Prompt natural gas futures were down 9.0 cents at $3.501 mmBtu. February NYMEX RBOB futures closed at $1.4114 gal, up 4.76 cpg.

January gasoline differentials were mostly higher versus Monday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.10 bbl, $5.52 /bbl under the screen. – John Troland

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