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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 Tuesday Wrap: Oil is steady as gas inches higher

HOUSTON, March 5, 2019 (PCW) — April NYMEX crude futures settled down 3 cents at $56.56/bbl. May Brent at the close of the NYMEX increased 19 cents at $65.86/bbl. The May Brent/WTI spread widened to $8.92/bbl favoring Brent.

Prompt natural gas futures were up 2.7 cents at $2.884/mmBtu. April NYMEX RBOB futures closed at $1.7674 gal, up 1.84 cpg.

April gasoline differentials were mixed versus Monday’s level.

The 3-2-1 crack spread in the Gulf Coast was $12.80 bbl, $8.36 bbl under the screen. – John Troland

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