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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 Wednesday Wrap: Crude extends gains; nat gas, gasoline soften

HOUSTON, November 22, 2017 (PCW) -— January NYMEX crude futures settled up $1.19/bbl at $58.02/bbl. January Brent at the close of the NYMEX increased $0.76/bbl at $63.26/bbl.

The January Brent/WTI spread narrowed to $5.24/bbl favoring Brent. Prompt natural gas futures were down 4.9 cents at $2.968 mmBtu. December NYMEX RBOB futures closed at $1.7679 gal, down 0.52 cpg.

December gasoline differentials were stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $8.63 bbl, $9.96/bbl under the screen. – John Troland

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