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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: Oil rises, gas drops 5.3 cents

HOUSTON, December 19, 2017 (PCW) — January NYMEX crude futures settled up $0.30/bbl at $57.46/bbl. February Brent at the close of the NYMEX Increased $0.38/bbl at $63.71/bbl. The February Brent/WTI spread widened to $6.15/bbl favoring Brent.

Prompt natural gas futures were down 5.3 cents at $2.692 mmBtu. January NYMEX RBOB futures closed at $1.6966 gal, up 2.41 cpg.

January gasoline differentials were higher versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.52 bbl, $7.68/bbl under the screen. – John Troland

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