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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 Friday Wrap: Crude, nat gas close week with gains; gasoline extends losses

HOUSTON, November 18, 2016 (PCW) — December NYMEX crude futures settled up $0.27/bbl to $45.69/bbl. January Brent at the close of the NYMEX increased $0.30/bbl to $46.81/bbl.

The January Brent/WTI spread narrowed to $0.45/bbl favoring Brent. Prompt natural gas futures were up 14.0 cents at $2.843/mmBtu. December NYMEX RBOB futures closed at $1.3391/gal, down 0.39 cpg.

November gasoline differentials were stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $8.33/bbl, $3.88/bbl under the screen. – John Troland

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