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NGLs Week

NGLs Week Newsletter  

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 Wednesday Wrap: Crude, gasoline extend gains; nat gas rebounds

HOUSTON, February 1, 2017 (PCW) -- March NYMEX crude futures settled up $1.07/bbl to $53.88/bbl. April Brent at the close of the NYMEX increased $1.13/bbl to $56.71/bbl.

The April Brent/WTI spread widened to $2.22/bbl favoring Brent. Prompt natural gas futures were up 5.1 cents at $3.168/mmBtu. March NYMEX RBOB futures closed at $1.5791/gal, up 2.90 cpg.

February gasoline differentials were weaker versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.80/bbl, $1.97/bbl under the screen. -- John Troland

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