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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, gasoline close week with losses; nat gas extends gains

HOUSTON, January 13, 2017 (PCW) — February NYMEX crude futures settled down $0.64/bbl to $52.37/bbl. March Brent at the close of the NYMEX decreased $0.69/bbl to $55.34/bbl.

The March Brent/WTI spread was steady $2.19/bbl favoring Brent. Prompt natural gas futures were up 3.3 cents at $3.419/mmBtu. February NYMEX RBOB futures closed at $1.6117/gal, up 0.09 cpg.

January gasoline differentials were stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.02/bbl, $2.86/bbl under the screen. – John Troland

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