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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 Monday Wrap: Crude, nat gas open week with gains; gasoline retreats

HOUSTON, December 5, 2016 (PCW) -- January NYMEX crude futures settled up $0.11/bbl to $51.79/bbl. February Brent at the close of the NYMEX increased $0.35/bbl to $54.83/bbl.

The February Brent/WTI spread widened to $2.04/bbl favoring Brent. Prompt natural gas futures were up 20.8 cents at $3.654/mmBtu. January NYMEX RBOB futures closed at $1.5575/gal, down 0.16 cpg.

December gasoline differentials were stronger versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.12/bbl, $4.22/bbl under the screen. -- John Troland

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