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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 softens, nat gas, gasoline shoot up

HOUSTON, December 21, 2016 (PCW) — February NYMEX crude futures settled down $0.81/bbl to $52.49/bbl. February Brent at the close of the NYMEX decreased $0.71/bbl to $54.52/bbl.

The February Brent/WTI spread widened to $2.03/bbl favoring Brent. Prompt natural gas futures were up 27.9 cents at $3.542/mmBtu. January NYMEX RBOB futures closed at $1.6055/gal, up 1.19 cpg.

December gasoline differentials were mostly stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.48/bbl, $2.95/bbl under the screen. – John Troland

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