NOON SNAPSHOT - Americas Markets Summary

Source: ICIS News

2018/09/14

HOUSTON (ICIS)--Americas noon snapshot Friday 14 September 2018.

Product Latest Previous Change Brent November 78.55 78.18 0.37 WTI October 69.30 68.59 0.71 Gasoline - RBOB October 1.9801 1.9929 -0.0128 Natural Gas October 2.764 2.817 -0.053 Ethane 55.125 55.000 0.125 Propane 105.250 105.500 -0.250 Benzene 2.790 2.790 0.000 Toluene 2.950 2.950 0.000 Mixed xylenes 3.195 3.135 0.060 Ethylene 22.000 22.000 0.000 Propylene 57.125 57.250 -0.125

CRUDE: Up on pre-weekend bargain hunting correction following recent steep losses.

GASOLINE: Weaker on pre-weekend sell off.

NATURAL GAS: Down on stronger week on week inventory injections.

ETHANE: Higher on continued robust demand.

PROPANE: Down despite stronger crude.

BENZENE: Flat on sufficient supply.

TOLUENE & MX: Flat-to-up on strong downstream demand.

ETHYLENE: Steady as the market considers recent feedstock gains.

PROPYLENE: Lower amid improved production.

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)