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

HOUSTON, December 2, 2016 (PCW) — January NYMEX crude futures settled up $0.62/bbl to $51.68/bbl. February ICE Brent at the close of the NYMEX increased $0.57/bbl to $54.45/bbl.

The February Brent/WTI spread narrowed to $1.80/bbl favoring Brent. Prompt natural gas futures were down 6.9 cents at $3.436/mmBtu. January NYMEX RBOB futures closed at $1.5591/gal, up 1.21 cpg.

December gasoline differentials were mostly weaker versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.97/bbl, $4.22/bbl under the screen. – John Troland

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