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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 Tuesday Wrap: Crude gives back Monday's gains; nat gas also slides

HOUSTON, November 29, 2016 (PCW) — January NYMEX crude futures settled down $1.85/bbl to $45.23/bbl. January Brent at the close of the NYMEX decreased $1.73/bbl to $46.51/bbl.

The January Brent/WTI spread widened to  $1.28/bbl favoring Brent. Prompt natural gas futures were down 0.5 cents at $3.315/mmBtu. December NYMEX RBOB futures closed at $1.3771/gal, down 3.56 cpg.

November gasoline differentials were mostly weaker versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.49/bbl, $3.69/bbl under the screen. – John Troland

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