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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 sees slight dip; nat gas advances past $3 mark

HOUSTON, November 23, 2016 (PCW) — January NYMEX crude futures settled down $0.07/bbl to $47.96/bbl. January Brent at the close of the NYMEX decreased $0.06/bbl to $49.03/bbl.

The January Brent/WTI spread widened to $1.07/bbl favoring Brent. Prompt natural gas futures were up 4.4 cents at $3.026/mmBtu. December NYMEX RBOB futures closed at $1.4217/gal, up 1.19 cpg.

November gasoline differentials were stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.96/bbl, $3.52/bbl under the screen. – John Troland

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