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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 Thursday Wrap: Crude, nat gas falter; gasoline advances

HOUSTON, November 17, 2016 (PCW) — December NYMEX crude futures settled down $0.15/bbl to $45.42/bbl. January Brent at the close of the NYMEX decreased $0.06/bbl to $46.51/bbl.

The January Brent/WTI spread widened to $0.59/bbl favoring Brent. Prompt natural gas futures were down 6.1 cents at $2.703/mmBtu. December NYMEX RBOB futures closed at $1.3430/gal, up 2.39 cpg.

November gasoline differentials were stronger versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $8.20/bbl, $4.24 /bbl under the screen. – John Troland

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