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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 Wednesday Wrap: Crude, gasoline rally; nat gas retreats

HOUSTON, January 11 2017 (PCW) — February NYMEX crude futures settled up $1.43/bbl to $52.25/bbl. March Brent at the close of the NYMEX increased $1.41/bbl to $55.08/bbl.

The March Brent/WTI spread widened to $2.02/bbl favoring Brent. Prompt natural gas futures were down 5.4 cents at $3.224/mmBtu. February NYMEX RBOB futures closed at $1.5929/gal, up 4.62 cpg.

January gasoline differentials were softer versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.05/bbl, $2.43/bbl under the screen. – John Troland

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