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NGLs Week

NGLs Week Newsletter  

NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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NYMEX Tuesday Wrap: Crude, nat gas, gasoline open week with steep declines

HOUSTON, January 3, 2017 (PCW) — February NYMEX crude futures settled down $1.39/bbl to $52.33/bbl. March Brent at the close of the NYMEX decreased $1.28/bbl to $55.49/bbl.

The March Brent/WTI spread widened to $2.20/bbl favoring Brent. Prompt natural gas futures were down 39.7 cents at $3.327/mmBtu. February NYMEX RBOB futures closed at $1.6218/gal, down 4.91 cpg.

January gasoline differentials were weaker versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.81/bbl, $2.74/bbl under the screen. – John Troland

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