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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 Thursday Wrap: Crude, gasoline, nat gas make gains

HOUSTON, December 28, 2017 (PCW) — February NYMEX crude futures settled up $0.20/bbl at $59.84/bbl. February Brent at the close of the NYMEX increased $0.13/bbl at $66.65bbl. The February Brent/WTI spread narrowed to $6.81/bbl favoring Brent.

Prompt natural gas futures were up 18.2 cents at $2.914 mmBtu. January NYMEX RBOB futures closed at $1.7930 gal, up 0.15 cpg.

January gasoline differentials were lower versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.31 bbl, $7.81/bbl under the screen. – John Troland

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