HOUSTON (ICIS)--Americas evening snapshot Thursday 11 October 2019.
|Gasoline - RBOB November||1.9327||2.0204||-0.0877|
|Natural Gas November||3.220||3.284||-0.064|
CRUDE: A feeding frenzy as the stock market extended the sell-off and crude oil inventories rose for the third consecutive week.
GASOLINE: Lower on crude sell-off and a build in domestic stockpiles.
NATURAL GAS: Down on lower demand from Hurricane Michael impact.
ETHANE: Down with complex and slackening demand for physical barrels.
PROPANE: Lower with a build in stocks and plunging crude.
BENZENE: Down on declining crude values.
TOLUENE & MX: Flat-to-down on stabilising downstream demand.
ETHYLENE: Lower on upstream ethane.
PROPYLENE: Steady in balanced market.
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)