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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 inches up as nat gas steady

HOUSTON, February 6 2018 (PCW) — March NYMEX crude futures settled up $0.35 per barrel at $54.01/bbl. April Brent at the close of the NYMEX increased $0.71 at $62.69 bbl. The April Brent/WTI spread widened to $8.35 bbl favoring Brent.

Prompt natural gas futures were unchanged at $2.662 mmBtu. March NYMEX RBOB futures closed at $1.4591 gal, up 3.32 cpg.

March gasoline differentials were mostly higher versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $7.48 bbl, $6.14 /bbl under the screen. – John Troland

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