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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 end week with gains; nat gas tumbles

HOUSTON, January 20, 2017 (PCW) — February NYMEX crude futures settled up $1.05/bbl to $52.42/bbl. March Brent at the close of the NYMEX increased $1.14/bbl to $55.38/bbl.

The March Brent/WTI spread widened to $2.16/bbl favoring Brent. Prompt natural gas futures were down 16.4 cents at $3.204/mmBtu. February NYMEX RBOB futures closed at $1.5660/gal, up 3.15 cpg.

January gasoline differentials were mostly weaker versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.38/bbl, $3.09/bbl under the screen. – John Troland

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