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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 Monday Wrap: Oil falls $1.70, nat gas plunges

HOUSTON, January 28, 2018 (PCW) — March NYMEX crude futures settled down $1.70 at $51.99/bbl. March Brent at the close of the NYMEX decreased $1.71 at $59.93 bbl. The March Brent/WTI spread narrowed to $7.94 bbl favoring Brent.

Prompt natural gas futures were down 26.7 cents at $2.911 mmBtu. February NYMEX RBOB futures closed at $1.3331 gal, down 5.63 cpg.

January gasoline differentials were steady to lower versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $5.63 bbl, $5.61 /bbl under the screen. – John Troland

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