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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, gasoline make gains; nat gas softens

HOUSTON, December 26, 2017 (PCW) — January NYMEX crude futures settled up $1.50/bbl at $59.97/bbl. February Brent at the close of the NYMEX Increased $1.71/bbl at $66.94bbl.

The February Brent/WTI spread widened to $6.94/bbl favoring Brent. Prompt natural gas futures were down 2.4 cents at $2.643 mmBtu. January NYMEX RBOB futures closed at $1.7866 gal, up 2.43 cpg.

January gasoline differentials were weaker versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.27 bbl, $7.35/bbl under the screen. – John Troland

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