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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 rises $1.32, gas edges higher

HOUSTON, January 29 2018 (PCW) — March NYMEX crude futures settled up $1.32 at $53.31 bbl. March Brent at the close of the NYMEX increased $1.39 at $61.32 bbl. The March Brent/WTI spread widened to $8.01 bbl favoring Brent.

Prompt natural gas futures were up 3.9 cents at $2.950 mmBtu. February NYMEX RBOB futures closed at $1.3509 gal, up 1.78 cpg.

January gasoline differentials were steady to higher versus Monday’s level.

The 3-2-1 crack spread in the Gulf Coast was $5.83 bbl, $5.43 /bbl under the screen. – John Troland

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