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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 Tuesday Wrap: Crude, gasoline extend losses; nat gas rallies

HOUSTON, February 7, 2017 (PCW) — March NYMEX crude futures settled down $0.84/bbl to $52.17/bbl. April Brent at the close of the NYMEX decreased $1.02/bbl to $54.88/bbl.

The April Brent/WTI spread narrowed to at $2.10/bbl favoring Brent. Prompt natural gas futures were up 8 cents at $3.130/mmBtu. March NYMEX RBOB futures closed at $1.4875/gal, down 2.28 cpg.

February gasoline differentials were mostly stronger versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.17/bbl, $2.02/bbl under the screen. – John Troland

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