NOON SNAPSHOT - Americas Markets Summary

Source: ICIS News

2019/03/15

HOUSTON (ICIS)--Americas noon snapshot Friday 15 March 2019.

Product Latest Previous Change
Brent May 67.12 67.23 -0.11
WTI April 58.59 58.61 -0.02
Gasoline RBOB April 1.8429 1.8495 -0.0066
Natural Gas April 2.811 2.855 -0.044
Ethane 27.750 28.625 -0.875
Propane 67.500 68.875 -1.375
Benzene 2.160 2.110 0.050
Toluene 2.475 2.500 -0.025
Mixed xylenes 2.675 2.700 -0.025
Ethylene 15.000 15.000 0.000
Propylene 33.000 33.250 -0.250

CRUDE: Worked lower after hitting new 2019 highs, with WTI experiencing a round of pre-weekend profit-taking following four consecutive up sessions.

GASOLINE: Down with weaker crude.

NATURAL GAS: Down slightly as temperatures appear above-normal.

ETHANE: Weaker on minimal spot buying interest.

PROPANE: Down with lower crude.

BENZENE: Up on increasing demand.

TOLUENE & MX: Down with gasoline.

ETHYLENE: Steady in a balanced market.

PROPYLENE: Lower amid ample supply.

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)