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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 extend losses

HOUSTON, October 25, 2016 (PCW) — November NYMEX crude futures settled down $0.56/bbl to $49.96/bbl. Brent at the close of the NYMEX decreased $0.63/bbl to $50.78/bbl.

The December Brent/WTI spread narrowed to $0.82/bbl favoring Brent. Prompt natural gas futures were down 5.7 cents at $2.774/mmBtu. November NYMEX RBOB futures closed at $1.5005/gal, down 0.33 cpg.

October gasoline differentials were weaker versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.89/bbl, $3.40 /bbl under the screen. – John Troland

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