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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, gasoline extend gains; nat gas climbs on storage

HOUSTON, January 11, 2017 (PCW) — February NYMEX crude futures settled up $0.76/bbl to $53.01/bbl. March Brent at the close of the NYMEX increased $0.95/bbl to $56.03/bbl.

The March Brent/WTI spread widened to $2.19/bbl favoring Brent. Prompt natural gas futures were up 16.2 cents at $3.386/mmBtu. February NYMEX RBOB futures closed at $1.6108/gal, up 1.79 cpg.

January gasoline differentials were weaker versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.74/bbl, $2.81/bbl under the screen. – John Troland

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