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NGLs Week

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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 Monday Wrap: Oil rises to near $58, gas climbs

HOUSTON, December 11, 2017 (PCW) — January NYMEX crude futures settled up $0.63/bbl at $57.99/bbl. February Brent at the close of the NYMEX increased $1.50/bbl at $64.81/bbl.

The February Brent/WTI spread widened to $6.76/bbl favoring Brent. Prompt natural gas futures were up 5.6 cents at $2.828 mmBtu. January NYMEX RBOB futures closed at $1.7266 gal, up 1.00 cpg.

January gasoline differentials were lower steady to higher Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $8.14 bbl, $9.52/bbl under the screen. – John Troland

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