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, click here.
For all of our products and services,
NYMEX Wednesday Wrap: Crude, gasoline crater; nat gas rallies
HOUSTON, July 11, 2018 (PCW) — August NYMEX crude futures settled down $3.73 at $70.78/bbl. September Brent at the close of the NYMEX decreased $5.36/bbl at $73.40 bbl.
The September Brent/WTI spread narrowed to $4.54 bbl favoring Brent. Prompt natural gas futures were up 4.1 cents at $2829 mmBtu. August NYMEX RBOB futures closed at $2.0614 gal, down 9.89 cpg.
August gasoline differentials were mostly weaker versus Tuesday’s levels.
A2 CBOB 87 regular was lower at 11.00 cpg under the screen.
CBOB 87 was down at 5.25 cpg under the screen.
D2 CBOB 93 premium was stronger at 5.25 cpg over the screen.
CBOB 93 was softer at 11.00 over the screen.
RBOB fell to 1.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.94 bbl, $4.81 /bbl under the screen. – John Troland