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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 Wednesday Wrap: Oil rises $1.44, nat gas steady

HOUSTON, February 27, 2018 (PCW) — April NYMEX crude futures settled up $1.44 at $56.94/bbl. April Brent at the close of the NYMEX increased $1.18 at $66.39/bbl. The April Brent/WTI spread narrowed to $9.45/bbl favoring Brent.

Prompt natural gas futures were up 0.3 cent at $2.799/mmBtu. March NYMEX RBOB futures closed at $1.6340 gal, up 4.77 cpg.

March gasoline differentials were mixed versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $11.01 bbl, $6.30 bbl under the screen. – John Troland

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