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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 Friday Wrap: Crude, gasoline, nat gas close week with strong gains

HOUSTON, November 3, 2017 (PCW) — December NYMEX crude futures settled up $1.10/bbl at $55.64/bbl. January Brent at the close of the NYMEX increased $1.10/bbl at $61.90/bbl.

The January Brent/WTI spread widened to $6.04/bbl favoring Brent. Prompt natural gas futures were up 4.9 cents at $2.984 mmBtu. December NYMEX RBOB futures closed at $1.7934 gal, up 2.37 cpg.

December gasoline differentials were stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.88 bbl, $8.11/bbl under the screen. – John Troland

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