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NGLs Week

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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 slides; nat gas, gasoline make gains

HOUSTON, October 4 2017 (PCW) — November NYMEX crude futures settled down $0.44/bbl at $49.98/bbl. December Brent at the close of the NYMEX decreased $0.38/bbl at $55.74/bbl.

The December Brent/WTI spread widened to $5.44/bbl favoring Brent. Prompt natural gas futures were up 4.5 cents at $ 2.940 mmBtu. November NYMEX RBOB futures closed at $1.5805 gal, up 1.50 cpg.

November gasoline differentials were stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.68 bbl, $7.43/bbl under the screen.

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