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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 gains, nat gas, gasoline slip

HOUSTON, January 16, 2018 (PCW) — February NYMEX crude futures settled down $0.57/bbl at $63.73/bbl. February Brent at the close of the NYMEX decreased $0.48/bbl at $69.40 bbl.

The February Brent/WTI spread widened to $5.67/bbl favoring Brent. Prompt natural gas futures were down 7.1 cents at $3.129 mmBtu. February NYMEX RBOB futures closed at $1.8384 gal, down 1.11 cpg.

February gasoline differentials were stronger versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.14 bbl, $7.54/bbl under the screen. – John Troland

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