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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: Oil falls close to $56, nat gas also drops

HOUSTON, November 20, 2017 (PCW) — December NYMEX crude futures settled down $0.46/bbl at $56.09/bbl. January Brent at the close of the NYMEX decreased $0.45/bbl at $62.12/bbl.

The January Brent/WTI spread narrowed to $5.70/bbl favoring Brent. Prompt natural gas futures were down 5.0 cents at $3.047 mmBtu. December NYMEX RBOB futures closed at $1.7438 gal, down 0.09 cpg.

December gasoline differentials were higher versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.40 bbl, $10.39/bbl under the screen. – John Troland

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