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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, natgas close week with losses; gasoline rebounds

HOUSTON, October 14, 2016 (PCW) — November NYMEX crude futures settled down $0.29/bbl to $50.35/bbl. Brent at the close of the NYMEX decreased $0.11/bbl to $51.91/bbl.

The December Brent/WTI spread narrowed to $1.16/bbl favoring Brent. Prompt natural gas futures were down 5.6 cents at $3.285/mmBtu. November NYMEX RBOB futures closed at $1.4936/gal, up 1.18 cpg.

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

The 3-2-1 crack in the Gulf Coast was $11.59/bbl, $1.82 /bbl under the screen. – John Troland

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