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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 Thursday Wrap: Crude, nat gas, gasoline extend losses

HOUSTON, October 20, 2016 (PCW) — November NYMEX crude futures settled down $1.17/bbl to $50.43/bbl. Brent at the close of the NYMEX decreased $1.35/bbl to $51.39/bbl.

The December Brent/WTI spread narrowed to $0.76/bbl favoring Brent. Prompt natural gas futures were down 2.9 cents at $3.141/mmBtu. November NYMEX RBOB futures closed at $1.4937/gal, down 1.99 cpg.

October gasoline differentials were weaker versus Wednesday’s levels.

-The 3-2-1 crack in the Gulf Coast was $9.97/bbl, $3.26/bbl under the screen. – John Troland

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