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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, gasoline deepen losses; nat gas continues climb

HOUSTON, January 10, 2017 (PCW) — February NYMEX crude futures settled down $1.14/bbl to $50.82/bbl. March Brent at the close of the NYMEX decreased $1.11/bbl to $53.67/bbl.

The March Brent/WTI spread narrowed to $1.97/bbl favoring Brent. Prompt natural gas futures were up 17.5 cents at $3.278/mmBtu. February NYMEX RBOB futures closed at $1.5467/gal, down 2.40 cpg.

January gasoline differentials were weaker versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.64/bbl, $2.41/bbl under the screen. – John Troland

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