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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 Wednesday Wrap: Oil extends slide, gas gains again

HOUSTON, November 29, 2017 (PCW) — January NYMEX crude futures settled down $0.69/bbl at $57.30/bbl. January Brent at the close of the NYMEX decreased $0.44/bbl at $63.20/bbl.

The January Brent/WTI spread widened to $5.90/bbl favoring Brent. Prompt natural gas futures were up 5.1 cents at $3.179 mmBtu. December NYMEX RBOB futures closed at $1.7309 gal, down 4.11 cpg.

December gasoline differentials were higher versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $8.61 bbl, $9.56/bbl under the screen. – John Troland

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