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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 Monday Wrap: Oil opens week with gain as gas stays steady

HOUSTON, March 4, 2019 (PCW) — April NYMEX crude futures settled up 79 cents at $56.59/bbl. May Brent at the close of the NYMEX increased 60 cents at $65.67/bbl. The May Brent/WTI spread narrowed to $8.70/bbl favoring Brent.

Prompt natural gas futures were down 0.2 cent at $2.857/mmBtu. April NYMEX RBOB futures closed at $1.7490 gal, up 1.87 cpg.

April gasoline differentials were higher versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $12.36 bbl, $8.22 bbl under the screen. – John Troland

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