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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

HOUSTON, January 27, 2017 (PCW) — February NYMEX crude futures settled down $0.61/bbl to $53.17/bbl. March Brent at the close of the NYMEX decreased $0.78/bbl to $55.44/bbl.

The March Brent/WTI spread narrowed to $2.27/bbl favoring Brent. Prompt natural gas futures were up 0.9 cents at $3.391/mmBtu. February NYMEX RBOB futures closed at $1.5271/gal, down 1.56 cpg.

January gasoline differentials were stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.05/bbl, $1.90/bbl under the screen. – John Troland

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