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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 Tuesday Wrap: Crude, nat gas, gasoline move up

HOUSTON, January 24, 2017 (PCW) — February NYMEX crude futures settled up $0.43/bbl to $53.18/bbl. March Brent at the close of the NYMEX increased $0.15/bbl to $55.38/bbl.

The March Brent/WTI spread narrowed to $2.20/bbl favoring Brent. Prompt natural gas futures were up 3.6 cents at $3.279/mmBtu. February NYMEX RBOB futures closed at $1.5759/gal, up 0.92 cpg.

January gasoline differentials were steady to stronger versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.01/bbl, $2.67/bbl under the screen. – John Troland

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