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NGLs Week

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NYMEX Monday Wrap: Crude opens week with more losses; natgas tumbles

HOUSTON, January 11, 2016 (PCW) -- February NYMEX crude futures settled down $1.75/bbl to $31.41/bbl. February Brent at the close of the NYMEX decreased $1.82 to $31.55/bbl.

The February Brent/WTI spread narrowed to $0.14/bbl favoring Brent. Prompt natural gas futures were down 7.6 cents at $2.396/mmBtu. February NYMEX RBOB futures closed at $1.1130/gal, down 1.47 cpg.

US Gulf cash gasoline differentials were mostly steady versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.90/bbl, $3.06/bbl under the screen. – John Troland

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus