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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 Wednesday Wrap: Crude rallies; nat gas plummets

HOUSTON, October 19, 2016 (PCW) -- November NYMEX crude futures settled up $1.31/bbl to $51.60/bbl. Brent at the close of the NYMEX increased $1.07/bbl to $52.74/bbl. The December Brent/WTI spread narrowed to $0.92/bbl favoring Brent.

Prompt natural gas futures were down 9.3 cents at $3.170/mmBtu. November NYMEX RBOB futures closed at $1.5136/gal, up 0.79 cpg.

October gasoline differentials were stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.21/bbl, $2.80 /bbl under the screen. -- John Troland

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