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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 settle higher; nat gas sinks

HOUSTON, September 19, 2018 (PCW) — October NYMEX crude futures settled up $1.27 at $71.12/bbl. November Brent at the close of the NYMEX was up $0.35 at $79.42/bbl.

The November Brent/WTI spread narrowed to $8.65/bbl favoring Brent. Prompt natural gas futures were down 2.5 cents at $2.908/mmBtu. October NYMEX RBOB futures closed at $2.0207/gal, up 1.58 cpg.

October gasoline differentials were weaker versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $10.67/bbl, $6.24/bbl under the screen. – John Troland

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