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 Thursday Wrap: Crude, gasoline trek higher; nat gas softens again
HOUSTON, May 18, 2017 (PCW) — June NYMEX crude futures settled up $0.28/bbl to $49.35/bbl. July Brent at the close of the NYMEX increased $0.35/bbl at $52.53/bbl.
The July Brent/WTI spread widened to $2.87/bbl favoring Brent. Prompt natural gas futures were down 1.0 cents at $3.182mmBtu. June NYMEX RBOB futures closed at $1.6063/gal, up 0.36 cpg.
June gasoline differentials were mixed versus Wednesday’s levels.
2 CBOB 87 regular was stronger at 12.25 cpg under the screen.
BOB 87 was down at 6.00 cpg under the screen.
2 CBOB 93 premium was higher at 9.00 cpg over the screen.
BOB 93 was up at 15.25 cpg over the screen.
BOB was steady at 2.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.50/bbl, $4.76/bbl under the screen. – John Troland