From PetroChem 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.
For more information, click here.
For all of our products and services,
NYMEX Thursday Wrap: Oil, nat gas, RBOB see declines
HOUSTON, February 7 2018 (PCW) — March NYMEX crude futures settled down $1.37 per barrel at $52.64/bbl. April Brent at the close of the NYMEX decreased $1.06 at $61.63 bbl. The April Brent/WTI spread widened to $8.63 bbl favoring Brent.
Prompt natural gas futures were down 11.1 cents at $2.551 mmBtu. March NYMEX RBOB futures closed at $1.4258 gal, down 3.33 cpg.
March gasoline differentials were higher versus Wednesday’s level.
A 4 CBOB 87 regular was higher at 5.25 cpg under the screen.
CBOB 87 was up at 5.25 cpg under the screen.
D4 CBOB 93 premium was higher at 9.75 cpg over the screen.
CBOB 93 was up 9.75 over the screen.
RBOB was higher 3.75 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $7.55 bbl, $6.34 /bbl under the screen. – John Troland