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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 Thursday Wrap: Crude, nat gas, gasoline extend gains

HOUSTON, December 1, 2016 (PCW) — January NYMEX crude futures settled up $1.62/bbl to $51.06/bbl. February Brent at the close of the NYMEX increased $2.02/bbl to $53.88/bbl.

The February Brent/WTI spread widened to $1.92/bbl favoring Brent. Prompt natural gas futures were up 15.3 cents at $3.505/mmBtu. January NYMEX RBOB futures closed at $1.5470/gal, up 6.45 cpg.

December gasoline differentials were steady to weaker versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.46/bbl, $3.87/bbl under the screen. – John Troland

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