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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 Wednesday Wrap: Crude, gasoline crumble; nat gas reverses course

HOUSTON, December 14, 2016 (PCW) — January NYMEX crude futures settled down $1.94/bbl to $51.04/bbl. February Brent at the close of the NYMEX decreased $1.74/bbl to $53.92/bbl.

The February Brent/WTI spread widened to $1.83/bbl favoring Brent. Prompt natural gas futures were up 6.6 cents at $3.540/mmBtu. January NYMEX RBOB futures closed at $1.5331/gal, down 1.76 cpg.

December gasoline differentials were stronger  versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.90/bbl, $3.23/bbl under the screen. – John Troland

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