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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, nat gas, gasoline continue to give up ground

HOUSTON, October 26, 2016 (PCW) — November NYMEX crude futures settled down $0.78/bbl to $49.18/bbl. Brent at the close of the NYMEX decreased $0.84/bbl to $49.94/bbl.

The December Brent/WTI spread narrowed to $0.76/bbl favoring Brent. Prompt natural gas futures were down 4.3 cents at $2.731/mmBtu. November NYMEX RBOB futures closed at $1.4831/gal, down 1.74 cpg.

October gasoline differentials were weaker versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.78/bbl, $3.63 /bbl under the screen. – John Troland

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