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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 Monday Wrap: Crude opens week with slight losses; nat gas shoots up

HOUSTON, November 14, 2016 (PCW) — December NYMEX crude futures settled down $0.09/bbl to $43.33/bbl. January Brent at the close of the NYMEX decreased $0.33/bbl to $44.40/bbl.

The January Brent/WTI spread narrowed to $0.46/bbl favoring Brent. Prompt natural gas futures were up 13.0 cents at $2.749/mmBtu. December NYMEX RBOB futures closed at $1.2778/gal, down 2.75 cpg.

November gasoline differentials were weaker versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $7.24/bbl, $4.62 /bbl under the screen. – John Troland

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