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 Thursday Wrap: Oil, nat gas extend slow climb
HOUSTON, March 14, 2019 (PCW) — April NYMEX crude futures settled up 35 cents at $58.61/bbl. May Brent at the close of the NYMEX decreased 32 cents at $67.233/bbl. The May Brent/WTI spread narrowed to $8.32/bbl favoring Brent.
Prompt natural gas futures were up 3.5 cents at $2.855/mmBtu. April NYMEX RBOB futures closed at $1.8495 gal, down 0.73 cpg.
April gasoline differentials were mixed versus Wednesday’s level.
A2 CBOB 87 regular was steady at 9.75 cpg under the screen.
CBOB 87 was unchanged at 9.75 cpg under the screen.
D2 CBOB 93 premium was higher at 8.25 cpg over the screen.
CBOB 93 was up 8.25 cpg over the screen.
RBOB was lower 3 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $13.00 bbl, $7.96 bbl under the screen. – John Troland