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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 losses; nat gas, gasoline also soften

HOUSTON, December 30, 2016 (PCW) — February NYMEX crude futures settled $0.05/bbl lower at $53.72/bbl. March Brent at the close of the NYMEX decreased $0.08/bbl to $56.77/bbl.

The March Brent/WTI spread narrowed to $2.11/bbl favoring Brent. Prompt natural gas futures were down 7.8 cents at $3.724/mmBtu. January NYMEX RBOB futures closed at $1.6651/gal, down 1.69 cpg.

December gasoline differentials were mixed versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $15.77/bbl, $1.99/bbl under the screen. – John Troland

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