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NGLs Week

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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, gasoline close with gains

HOUSTON, November 2, 2017 (PCW) — December NYMEX crude futures settled up $0.24/bbl at $54.54/bbl. January Brent at the close of the NYMEX increased $0.18/bbl at $60.80/bbl.

The January Brent/WTI spread narrowed to $6.03/bbl favoring Brent. Prompt natural gas futures were up 4.2 cents at $2.935 mmBtu. December NYMEX RBOB futures closed at $1.7697 gal, up 2.87 cpg.

November gasoline differentials were weaker versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.65 bbl, $8.32/bbl under the screen. – John Troland

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