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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 Monday Wrap: Oil is steady near $52, nat gas rises

HOUSTON, October 23, 2017 (PCW) — December NYMEX crude futures settled up $0.06/bbl at $51.90/bbl. December Brent at the close of the NYMEX decreased $0.32/bbl at $57.43/bbl. The December Brent/WTI spread narrowed to $5.53/bbl favoring Brent.

Prompt natural gas futures were up 7.6 cents at $2.991 mmBtu. November NYMEX RBOB futures closed at $1.6783 gal, up 0.02 cpg.

November gasoline differentials were mostly higher versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.36 bbl, $8.94/bbl under the screen. – John Troland

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