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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 Thursday Wrap: Crude rallies; nat gas, gasoline finish stronger

HOUSTON, January 5, 2017 (PCW) — February NYMEX crude futures settled higher, up $0.50/bbl to $53.76/bbl. March Brent at the close of the NYMEX increased $0.51/bbl to $56.97/bbl.

The March Brent/WTI spread widened to $2.29/bbl favoring Brent. Prompt natural gas futures were down 0.6 cents at $3.273/mmBtu. February NYMEX RBOB futures closed at $1.6377/gal, down 0.82 cpg.

January gasoline differentials were mixed versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.43/bbl, $2.38/bbl under the screen. – John Troland

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