NOON SNAPSHOT - Americas Markets Summary

Source: ICIS News

2018/08/16

HOUSTON (ICIS)--Americas noon snapshot Thursday 16 August 2018.

Product Latest Previous Change
Brent October 71.26 70.76 0.50
WTI September 65.40 65.01 0.39
Gasoline - RBOB September 1.9805 1.9974 -0.0169
Natural Gas September 2.917 2.940 -0.023
Ethane 39.500 38.500 1.000
Propane 94.000 92.875 1.125
Benzene 2.935 2.935 0.000
Toluene 2.605 2.630 -0.025
Mixed xylenes 2.750 2.760 -0.010
Ethylene 15.750 15.500 0.250
Propylene 59.375 59.375 0.000

CRUDE: Rebounded on correction to previous session's sell-off. Stock market recovered.

GASOLINE: Lower extending sell off from Wednesday

NATURAL GAS: Lower on a build reported in domestic inventories.

ETHANE: Higher on strong demand from cracker sector.

PROPANE: Rebounding after strong sell-off on Wednesday

BENZENE: Stable on healthy demand.

TOLUENE & MX: Down on sufficient supply.

ETHYLENE: Higher amid a production issue.

PROPYLENE: Steady as lower demand offset recent outages.

The snapshot is compared to the previous evening. Chemicals prices are the mid-point of a range. (Crude $/bbl; gasoline $/gal; natural gas $/MMBtu; ethane and propane, cents/gal; aromatics $/gal; olefins, cents/lb)