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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 Thursday Wrap: Oil, nat gas make small gains

HOUSTON, February 28, 2018 (PCW) — April NYMEX crude futures settled up 24 cents at $57.22/bbl. April Brent at the close of the NYMEX decreased 36 cents at $66.03/bbl. The April Brent/WTI spread narrowed to $8.81/bbl favoring Brent.

Prompt natural gas futures were up 1.3 cents at $2.812/mmBtu. March NYMEX RBOB futures closed at $1.6293 gal, down 0.47 cpg.

March gasoline differentials were lower versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $10.12 bbl, $6.81 bbl under the screen. – John Troland

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