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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 Thursday Wrap: Crude, gasoline reverse course; nat gas sees strong rally

HOUSTON, October 12, 2017 (PCW) — November NYMEX crude futures settled down $0.70/bbl at $50.60/bbl. December Brent at the close of the NYMEX decreased $0.58/bbl at $56.29/bbl.

The December Brent/WTI spread widened to $5.36/bbl favoring Brent. Prompt natural gas futures were up 10.0 cents at $ 2.989 mmBtu. November NYMEX RBOB futures closed at $1.5832 gal, down 2.60 cpg.

November gasoline differentials were mixed versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.69 bbl, $7.76/bbl under the screen. – John Troland

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