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

HOUSTON, November 24, 2017 (PCW) — January NYMEX crude futures settled up $0.93/bbl at $58.95/bbl. January Brent at the close of the NYMEX increased $0.50/bbl at $63.77/bbl.

The January Brent/WTI spread narrowed to $4.86/bbl favoring Brent. Prompt natural gas futures were down 15.5 cents at $2.813 mmBtu. December NYMEX RBOB futures closed at $1.7880 gal, up 2.01 cpg.

December gasoline differentials were steady versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $8.46 bbl, $10.09/bbl under the screen. – John Troland

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