New From PetroChem Wire . . . .
PetroChem Wire and Genscape have partnered to create NGLs Week, a 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 Friday Wrap: Crude closes week with losses; natgas holds about $2
Houston, May 20, 2016 (PCW) —- June NYMEX crude futures settled down $0.41/bbl to $47.75/bbl/bbl. July Brent at the close of the NYMEX decreased $0.21/bbl to $48.62/bbl.
The July Brent/WTI spread widened to $0.21/bbl favoring Brent. Prompt natural gas futures were up 2.3 cents at $2.062/mmBtu. June NYMEX RBOB futures closed at $1.6356/gal, up 0.17 cpg.
US Gulf cash gasoline differentials were stronger versus Thursday’s levels.
A2 CBOB 87 regular was up at 17.25 cpg under the screen.
CBOB 87 was higher at 12.75 cpg under the screen.
D2 CBOB 93 premium was stronger at 0.25 cpg over the screen.
CBOB 93 rose to 4.75 cpg over the screen.
RBOB was higher at 12.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.60/bbl, $5.31/bbl under the screen. -– John Troland
To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus