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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 Wednesday Wrap: Oil rises as nat gas drops

HOUSTON, January 30 2018 (PCW) — March NYMEX crude futures settled up $0.92 per barrel at $54.23/bbl. March Brent at the close of the NYMEX increased $0.33 at $61.65 bbl. The March Brent/WTI spread narrowed to $7.42 bbl favoring Brent.

Prompt natural gas futures were down 4.9 cents at $2.854 mmBtu. February NYMEX RBOB futures closed at $1.3823 gal, up 3.14 cpg.

January gasoline differentials were mostly lower versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $5.80 bbl, $5.43 /bbl under the screen. – John Troland

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