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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, nat gas rally; gasoline probes lower

HOUSTON, January 19, 2017 (PCW) — February NYMEX crude futures settled up $0.29/bbl to $51.37/bbl. March Brent at the close of the NYMEX increased $0.18/bbl to $54.24/bbl.

The March Brent/WTI spread narrowed to $2.12/bbl favoring Brent. Prompt natural gas futures were up 6.6 cents at $3.368/mmBtu. February NYMEX RBOB futures closed at $1.5345/gal, down 1.42 cpg.

January gasoline differentials were mostly stronger versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.92/bbl, $3.33/bbl under the screen. – John Troland

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