New From PetroChem Wire . . . .
NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.
For more information,
NYMEX Monday Wrap: Crude opens week with mixed results; nat gas resumes climb
HOUSTON, March 13, 2017 (PCW) — April NYMEX crude futures settled down $0.09/bbl to $48.40/bbl. May Brent at the close of the NYMEX increased $0.01/bbl to $51.34/bbl.
The May Brent/WTI spread widened to $2.40/bbl favoring Brent. Prompt natural gas futures were up 3.5 cents at $3.043/mmBtu. April NYMEX RBOB futures closed at $1.5807/gal, down 1.94 cpg.
April gasoline differentials were mixed versus Friday’s levels.
3 CBOB 87 regular was stronger at 17.25 cpg under the screen.
BOB 87 was up at 17.00 cpg under the screen.
3 CBOB 93 premium was weaker at 2.25 cpg over the screen.
BOB 93 was softer at 2.50 cpg over the screen.
BOB was higher at 15.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $10.37/bbl, $6.50/bbl under the screen. – John Troland