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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 closes week with losses; nat gas, gasoline gain

HOUSTON, August 31, 2018 (PCW) — October NYMEX crude futures settled down $0.45 at $69.80/bbl. October Brent at the close of the NYMEX decreased $0.32/bbl at $77.40/bbl.

The October Brent/WTI spread wideneded to $7.60/bbl favoring Brent. Prompt natural gas futures were up 4.2 cents at $2.916/mmBtu. September NYMEX RBOB futures closed at $2.1437/gal, up 0.002 cpg.

September gasoline differentials were weaker versus Thursday’s levels.

The 3-2-1 crack spread in the Gulf Coast was $13.27/bbl, $7.33 /bbl under the screen. – John Troland

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