From PetroChem 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.
For more information, click here.
For all of our products and services,
NYMEX Wednesday Wrap: Oil resumes climb as nat gas gains
HOUSTON, March 13, 2019 (PCW) — April NYMEX crude futures settled up $1.39 at $58.26/bbl. May Brent at the close of the NYMEX increased 88 cents at $67.55/bbl. The May Brent/WTI spread narrowed to $8.96/bbl favoring Brent.
Prompt natural gas futures were up 3.6 cents at $2.820/mmBtu. April NYMEX RBOB futures closed at $1.8568 gal, up 4.13 cpg.
April gasoline differentials were mixed versus Tuesday’s level.
A2 CBOB 87 regular was higher at 9.75 cpg under the screen.
CBOB 87 was up at 9.75 cpg under the screen.
D2 CBOB 93 premium was lower at 7.50 cpg over the screen.
CBOB 93 was down 7.50 cpg over the screen.
RBOB was higher 4.50 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $13.62 bbl, $8.00 bbl under the screen. – John Troland