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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 rally; gasoline continues to probe lower

HOUSTON, December 8, 2016 (PCW) — January NYMEX crude futures settled up $1.07/bbl to $50.84/bbl. February Brent at the close of the NYMEX increased $0.70/bbl to $53.85/bbl.

The February Brent/WTI spread narrowed to $1.97/bbl favoring Brent. Prompt natural gas futures were up 9.2 cents at $3.695/mmBtu. January NYMEX RBOB futures closed at $1.5047/gal, down 0.35 cpg.

December gasoline differentials were mixed versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.88/bbl, $4.17/bbl under the screen. – John Troland

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