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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 Tuesday Wrap: Oil slips below $58, gas climbs

HOUSTON, November 28, 2017 (PCW) — January NYMEX crude futures settled down $0.12/bbl at $57.99/bbl. January Brent at the close of the NYMEX increased $0.8/bbl at $63.64/bbl.

The January Brent/WTI spread widened to $5.65/bbl favoring Brent. Prompt natural gas futures were up 14.6 cents at $3.074 mmBtu. December NYMEX RBOB futures closed at $1.7720 gal, down 1.73 cpg.

December gasoline differentials were higher versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.15 bbl, $9.89/bbl under the screen. – John Troland

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