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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 Monday Wrap: Crude opens week with slight loss, nat gas plummets

HOUSTON, October 24, 2016 (PCW) — November NYMEX crude futures settled down $0.33/bbl to $50.52/bbl. Brent at the close of the NYMEX decreased $0.41/bbl to $51.41/bbl.

The December Brent/WTI spread narrowed to $0.89/bbl favoring Brent. Prompt natural gas futures were down 16.2 cents at $2.831/mmBtu. November NYMEX RBOB futures closed at $1.5038/gal, down 2.76 cpg.

October gasoline differentials were steady to higher versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.02/bbl, $3.08 /bbl under the screen. – John Troland

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