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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 Friday Wrap: Crude, nat gas, gasoline close week with steep losses

HOUSTON, February 9, 2018 (PCW) — March NYMEX crude futures settled down $1.95/bbl at $59.20/bbl. April Brent at the close of the NYMEX decreased $2.02/bbl at $62.79 bbl.

The April Brent/WTI spread narrowed at $3.80/bbl favoring Brent. Prompt natural gas futures were down 11.3 cents at $2.584 mmBtu. March NYMEX RBOB futures closed at $1.7002 gal, down 6.48 cpg.

March gasoline differentials were steady to stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $7.94 bbl, $6.44/bbl under the screen. – John Troland

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