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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 Monday Wrap: Crude, gas, gasoline open week with losses

HOUSTON, February 6, 2017 (PCW) — March NYMEX crude futures settled down $0.82/bbl to $53.01/bbl. April Brent at the close of the NYMEX decreased $1/bbl to $55.90/bbl.

The April Brent/WTI spread narrowed to at $2.27/bbl favoring Brent. Prompt natural gas futures were down 1.3 cents at $3.050/mmBtu. March NYMEX RBOB futures closed at $1.5103/gal, down 4.34 cpg.

February gasoline differentials were weaker versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.44/bbl, $2.73/bbl under the screen. – John Troland

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