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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: Oil settles close to $52 bbl

HOUSTON, December 16, 2016 (PCW) -- January NYMEX crude futures settled up $1.00 bbl to $51.90. February Brent at the close of the NYMEX increased $1.22 to $55.20. The February Brent/WTI spread widened to $2.22/bbl favoring Brent. Prompt natural gas futures were down 1.9 cents at $3.415/mmBtu.

January NYMEX RBOB futures closed at $1.5571 pg, up 1.50 cpg.

December gasoline differentials were lower versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.02/bbl, $3.09/bbl under the screen. – John Troland.

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