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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 Wednesday Wrap: Crude, gasoline increase; nat gas crashes

HOUSTON, January 31, 2018 (PCW) — March NYMEX crude futures settled up $0.23/bbl at $64.73/bbl. March Brent at the close of the NYMEX increased $0.24/bbl at $69.17 bbl.

The March Brent/WTI spread widened at $4.44/bbl favoring Brent. Prompt natural gas futures were down 20.0 cents at $2.995 mmBtu. February NYMEX RBOB futures closed at $1.9075 gal, up 1.21 cpg.

February gasoline differentials were stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.15 bbl, $7.40/bbl under the screen. – John Troland

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