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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 Friday Wrap: Crude, gasoline close week with slight gains; nat gas plummets

HOUSTON, February 3, 2017 (PCW) — March NYMEX crude futures settled up $0.29/bbl to $53.83/bbl. April Brent at the close of the NYMEX increased $0.19/bbl to $56.90/bbl.

The April Brent/WTI spread was steady at $2.43/bbl favoring Brent. Prompt natural gas futures were down 12.4 cents at $3.063/mmBtu. March NYMEX RBOB futures closed at $1.5537/gal, up 2.08 cpg.

February gasoline differentials were steady to stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.71/bbl, $2.28/bbl under the screen. – John Troland

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