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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, nat gas, gasoline open week with strong gains

HOUSTON, November 21, 2016 (PCW) — December NYMEX crude futures settled up $1.80/bbl to $47.49/bbl. January Brent at the close of the NYMEX increased $2.05/bbl to $48.86/bbl.

The January Brent/WTI spread widened to $0.62/bbl favoring Brent. Prompt natural gas futures were up 10.7 cents at $2.950/mmBtu. December NYMEX RBOB futures closed at $1.3965/gal, up 6.68 cpg.

November gasoline differentials were steady to stronger versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.04/bbl, $3.92/bbl under the screen. – John Troland

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