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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, gasoline retreat; nat gas rallies

HOUSTON, November 16, 2016 (PCW) — December NYMEX crude futures settled down $0.24/bbl to $45.57/bbl. January Brent at the close of the NYMEX decreased $0.32/bbl to $46.57/bbl.

The January Brent/WTI spread narrowed to $0.47/bbl favoring Brent. Prompt natural gas futures were up 5.5 cents at $2.764/mmBtu. December NYMEX RBOB futures closed at $1.3191/gal, down 1.59 cpg.

November gasoline differentials were weaker versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $6.69/bbl, $4.76 /bbl under the screen. – John Troland

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