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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 eke out small gains

HOUSTON, October 18, 2016 (PCW) — November NYMEX crude futures settled up $0.35/bbl to $50.29/bbl. Brent at the close of the NYMEX increased $0.11/bbl to $51.67/bbl.

The December Brent/WTI spread narrowed to $1.05/bbl favoring Brent. Prompt natural gas futures were up 1.9 cents at $3.263/mmBtu. November NYMEX RBOB futures closed at $1.5057/gal, up 1.33 cpg.

October gasoline differentials were mostly stronger versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.78/bbl, $3.05 /bbl under the screen. – John Troland

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