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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 Friday Wrap: Oil ends week with drop, gas gains

HOUSTON, March 1, 2019 (PCW) — April NYMEX crude futures settled down $1.42 at $55.80/bbl. May Brent at the close of the NYMEX decreased $1.24 at $65.07/bbl. The May Brent/WTI spread narrowed to $8.88/bbl favoring Brent.

Prompt natural gas futures were up 4.7 cents at $2.859/mmBtu. April NYMEX RBOB futures closed at $1.7303 gal, down 2.20 cpg.

April gasoline differentials were lower versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $11.91 bbl, $8.75 bbl under the screen. – John Troland

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