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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 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.

The 3-2-1 crack spread in the Gulf Coast was $7.55 bbl, $6.34 /bbl under the screen. – John Troland

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