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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 Tuesday Wrap: Crude opens week with losses; nat gas jumps on cold

HOUSTON, January 2, 2018 (PCW) — February NYMEX crude futures settled down $0.05/bbl at $60.37/bbl. February Brent at the close of the NYMEX decreased $0.29/bbl at $66.56bbl.

The February Brent/WTI spread narrowed to $6.19/bbl favoring Brent. Prompt natural gas futures were up 10.3 cents at $3.056 mmBtu. February NYMEX RBOB futures closed at $1.7631 gal, down 3.27 cpg.

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

The 3-2-1 crack in the Gulf Coast was $9.97 bbl, $7.84/bbl under the screen. – John Troland

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