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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 nears $54, nat gas drops 11 cents

HOUSTON, February 13 2018 (PCW) — March NYMEX crude futures settled up $0.80 at $53.90 bbl. April Brent at the close of the NYMEX increased $1.19 at $63.61 bbl. The April Brent/WTI spread widened to $9.30 bbl favoring Brent.

Prompt natural gas futures were down 11.3 cents at $2.575 mmBtu. March NYMEX RBOB futures closed at $1.4651 gal, up 3.79 cpg.

March gasoline differentials were higher versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.04 bbl, $6.23 /bbl under the screen. – John Troland

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