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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 Monday Wrap: Crude, nat gas, gasoline open week with strong gains

HOUSTON, November 6, 2017 (PCW) — December NYMEX crude futures settled up $1.71/bbl at $57.35/bbl. January Brent at the close of the NYMEX increased $2.31/bbl at $64.21/bbl.

The January Brent/WTI spread widened to $6.64/bbl favoring Brent. Prompt natural gas futures were up 15.0 cents at $3.134 mmBtu. December NYMEX RBOB futures closed at $1.8300 gal, up 3.66 cpg.

December gasoline differentials were stronger versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.97 bbl, $8.11/bbl under the screen. – John Troland

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