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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 Friday Wrap: Crude closes week with gains; nat gas, gasoline soften

HOUSTON, January 6, 2017 (PCW) — February NYMEX crude futures settled higher, up $0.23/bbl to $53.99/bbl. March Brent at the close of the NYMEX increased $0.12/bbl to $57.09/bbl.

The March Brent/WTI spread narrowed to $2.22/bbl favoring Brent. Prompt natural gas futures were down 1.2 cents at $3.285/mmBtu. February NYMEX RBOB futures closed at $1.6340/gal, down 0.37 cpg.

January gasoline differentials were weaker versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.11/bbl, $2.50/bbl under the screen. – John Troland

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