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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 Monday Wrap: Crude opens week with slim losses; nat gas, gasoline advance

HOUSTON, January 23, 2017 (PCW) — February NYMEX crude futures settled down $0.47/bbl to $52.75/bbl. March Brent at the close of the NYMEX decreased $0.22/bbl to $55.16/bbl.

The March Brent/WTI spread widened to $2.41/bbl favoring Brent. Prompt natural gas futures were up 3.9 cents at $3.243/mmBtu. February NYMEX RBOB futures closed at $1.5667/gal, up 0.07 cpg.

January gasoline differentials were mixed versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.97/bbl, $2.72/bbl under the screen. – John Troland

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