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.
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NYMEX Tuesday Wrap: Oil, nat gas open week with gains
HOUSTON, February 19 2018 (PCW) — March NYMEX crude futures settled up $0.50 at $56.09/bbl. April Brent at the close of the NYMEX increased $0.20 at $66.45 bbl. The April Brent/WTI spread narrowed to $10.00 bbl favoring Brent.
Prompt natural gas futures were up 3.7 cents at $2.662 mmBtu. March NYMEX RBOB futures closed at $1.5638 gal, down 0.91 cpg.
March gasoline differentials were mixed versus Friday’s level.
A 4 CBOB 87 regular was lower at 2.50 cpg under the screen.
CBOB 87 was down at 2.50 cpg under the screen.
D4 CBOB 93 premium was higher at 13.50 cpg over the screen.
CBOB 93 was up 13.50 over the screen.
RBOB was higher 0.50 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $9.02 bbl, $6.60 /bbl under the screen. – John Troland