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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 settle lower; gasoline bucks trend

HOUSTON, December 15, 2016 (PCW) — January NYMEX crude futures settled down $0.14/bbl to $50.90/bbl. February Brent at the close of the NYMEX increased $0.06/bbl to $53.98/bbl.

The February Brent/WTI spread widened to $2.01/bbl favoring Brent. Prompt natural gas futures were down 10.6 cents at $3.434/mmBtu. January NYMEX RBOB futures closed at $1.5421/gal, up 0.90 cpg.

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

The 3-2-1 crack in the Gulf Coast was $12.21/bbl, $3.06/bbl under the screen. – John Troland

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