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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 Tuesday Wrap: Crude, nat gas, gasoline stumble

HOUSTON, December 12, 2017 (PCW) — January NYMEX crude futures settled down $0.85/bbl at $57.14/bbl. February Brent at the close of the NYMEX decreased $1.21/bbl at $63.60/bbl.

The February Brent/WTI spread narrowed to $6.44/bbl favoring Brent. Prompt natural gas futures were down 15.0 cents at $2.678 mmBtu. January NYMEX RBOB futures closed at $1.6976 gal, down 2.90 cpg.

January gasoline differentials were weaker versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $7.94 bbl, $9.52/bbl under the screen. – John Troland

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