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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 retreat; gasoline makes gains

HOUSTON, December 29, 2016 (PCW) — February NYMEX crude futures settled down $0.29/bbl to $53.77/bbl. February Brent at the close of the NYMEX decreased $0.17/bbl to $56.12/bbl.

The February Brent/WTI spread widened to $2.35/bbl favoring Brent. Prompt natural gas futures were down 9.6 cents at $3.802/mmBtu. January NYMEX RBOB futures closed at $1.6820/gal, up 0.74 cpg.

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

The 3-2-1 crack in the Gulf Coast was $16.25/bbl, $1.93/bbl under the screen. – John Troland

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