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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: Crude closes week with slim gains; gasoline, nat gas soar

HOUSTON, December 23, 2016 (PCW) -- February NYMEX crude futures settled up $0.07/bbl to $53.02/bbl. February Brent at the close of the NYMEX increased $0.08/bbl to $55.13/bbl.

The February Brent/WTI spread widened to $2.11/bbl favoring Brent. Prompt natural gas futures were up 12.4 cents at $3.662/mmBtu. January NYMEX RBOB futures closed at $1.6262/gal, up 2.22 cpg.

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

The 3-2-1 crack in the Gulf Coast was $14.67/bbl, $2.12/bbl under the screen. – John Troland

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