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Daily Wire
PetroChem Wire's Daily Wire provides closing prices and a summary of the day's trading activity for US ethylene, proylene, polymers and upstream NGLs markets. Begun in 2007, its olefins and polyolefins prices serve as benchmarks for a number of physical and swap contracts that trade on the CME/NYMEX Clearport system.
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NYMEX Monday Wrap: Oil ticks up, nat gas climbs 6 cents
HOUSTON, February 11 2018 (PCW) — March NYMEX crude futures settled down $0.31 at $52.41/bbl. April Brent at the close of the NYMEX decreased $0.59 at $61.51/bbl. The April Brent/WTI spread narrowed to $8.73 bbl favoring Brent.
Prompt natural gas futures were up 5.9 cents at $2.642 mmBtu. March NYMEX RBOB futures closed at $1.4192 gal, down 2.72 cpg.
March gasoline differentials were steady to higher versus Friday’s level.
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A 4 CBOB 87 regular was higher at 4.50 cpg under the screen.
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CBOB 87 was up at 4.50 cpg under the screen.
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D4 CBOB 93 premium was steady at 10.50 cpg over the screen.
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CBOB 93 was unchanged 10.50 over the screen.
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RBOB was steady 3.50 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $7.19 bbl, $6.63 /bbl under the screen. – John Troland
