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 Friday Wrap: Crude closes week with mixed results; nat gas shoots up
HOUSTON, August 19, 2016 (PCW) —- September NYMEX crude futures settled up $0.30/bbl to $48.52/bbl. October Brent at the close of the NYMEX decreased $0.07/bbl to $50.86/bbl.
The September Brent/WTI spread narrowed to $1.75/bbl favoring Brent. Prompt natural gas futures were down 9 cents at $2.584/mmBtu. September NYMEX RBOB futures closed at $1.5129/gal, up 2.32 cpg.
US Gulf cash gasoline differentials were mixed versus Thursday’s levels.
A2 CBOB 87 regular was weaker at 4.50 cpg under the screen.
CBOB 87 was softer at 0.75 cpg under the screen.
D2 CBOB 93 premium was stronger at 12.50 cpg over the screen.
CBOB 93 was higher at 16.25 cpg over the screen.
RBOB was up at 1.75 cpg over the screen.
The 3-2-1 crack in the Gulf Coast was $11.77/bbl, $3.35/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