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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, nat gas close week with gains

HOUSTON, January 18, 2018 (PCW) — February NYMEX crude futures settled up $1.73 at $53.80/bbl. March Brent at the close of the NYMEX increased $1.52 at $62.70 bbl. The March Brent/WTI spread narrowed to $8.66 bbl favoring Brent.

Prompt natural gas futures were up 6.9 cents at $3.482 mmBtu. February NYMEX RBOB futures closed at $1.4528 gal, up 2.28 cpg.

January gasoline differentials were higher versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $9.00 bbl, $4.70 /bbl under the screen. – John Troland

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