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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 extends gains; nat gas, gasoline reverse course

HOUSTON, December 22, 2016 (PCW) — February NYMEX crude futures settled up $0.46/bbl to $52.95/bbl. February Brent at the close of the NYMEX increased $0.53/bbl to $55.05/bbl.

The February Brent/WTI spread widened to $2.10/bbl favoring Brent. Prompt natural gas futures were down 0.4 cents at $3.538/mmBtu. January NYMEX RBOB futures closed at $1.6040/gal, down 0.15 cpg.

December gasoline differentials were stronger versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.51/bbl, $2.70/bbl under the screen. – John Troland

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