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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 slips, nat gas gains 2.9 cents

HOUSTON, January 17, 2018 (PCW) — February NYMEX crude futures settled down $0.24 at $52.07/bbl. March Brent at the close of the NYMEX decreased $0.14 at $61.18 bbl. The March Brent/WTI spread widened to $8.82 bbl favoring Brent.

Prompt natural gas futures were up 2.9 cents at $3.413 mmBtu. February NYMEX RBOB futures closed at $1.4300 gal, up 1.41 cpg.

January gasoline differentials were higher versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $9.43 bbl, $4.92 /bbl under the screen. – John Troland

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