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

HOUSTON, November 17, 2017 (PCW) — December NYMEX crude futures settled up $1.41/bbl at $56.55/bbl. January Brent at the close of the NYMEX increased $1.21/bbl at $62.57/bbl.

The January Brent/WTI spread narrowed to $5.81/bbl favoring Brent. Prompt natural gas futures were up 4.4 cents at $3.097 mmBtu. December NYMEX RBOB futures closed at $1.7447 gal, up 3.10 cpg.

December gasoline differentials were steady to weaker versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.19 bbl, $10.36/bbl under the screen. – John Troland

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