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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 Wednesday Wrap: Crude continues retreat; nat gas, gasoline rise

HOUSTON, November 8, 2017 (PCW) — December NYMEX crude futures settled down $0.39/bbl at $56.81/bbl. January Brent at the close of the NYMEX decreased $0.32/bbl at $63.46/bbl.

The January Brent/WTI spread widened to $6.41/bbl favoring Brent. Prompt natural gas futures were up 2.3 cents at $3.175 mmBtu. December NYMEX RBOB futures closed at $1.8213 gal, up 0.60 cpg.

December gasoline differentials were weaker versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.49 bbl, $8.60/bbl under the screen. – John Troland

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