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Daily Wire
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, RBOB, nat gas gain
HOUSTON, January 24, 2018 (PCW) — March NYMEX crude futures settled up $0.51 at $53.13/bbl. March Brent at the close of the NYMEX decreased $0.05 at $61.09 bbl. The March Brent/WTI spread widened to $7.96 bbl favoring Brent.
Prompt natural gas futures were up 11.9 cents at $3.099 mmBtu. February NYMEX RBOB futures closed at $1.3876 gal, up 0.19 cpg.
January gasoline differentials were mostly lower versus Wednesday’s level.
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A 4 CBOB 87 regular was lower at 3.75 cpg under the screen.
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CBOB 87 was down at 3.75 cpg under the screen.
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D4 CBOB 93 premium was lower at 9.00 cpg over the screen.
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CBOB 93 was down at 9.00 over the screen.
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RBOB was higher 2.25 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $6.67 bbl, $5.60 /bbl under the screen. – John Troland
