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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 Monday Wrap: Crude, gasoline open week with losses; natgas gains

HOUSTON, January 29, 2018 (PCW) — March NYMEX crude futures settled down $0.58/bbl at $65.56/bbl. March Brent at the close of the NYMEX decreased $1.17/bbl at $69.51 bbl.

The March Brent/WTI spread narrowed at $3.95/bbl favoring Brent. Prompt natural gas futures were up 12.6 cents at $3.631 mmBtu. February NYMEX RBOB futures closed at $1.9349 gal, down 0.28 cpg.

February gasoline differentials were mixed versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.10 bbl, $6.88/bbl under the screen. – John Troland

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