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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 Thursday Wrap: Crude, gasoline weaken; nat gas rallies

HOUSTON, September 20, 2018 (PCW) — October NYMEX crude futures settled down $0.32 at $70.80/bbl. November Brent at the close of the NYMEX was down $0.72 at $78.70/bbl.

The November Brent/WTI spread narrowed to $8.38/bbl favoring Brent. Prompt natural gas futures were up 6.8 cents at $2.97/ mmBtu. October NYMEX RBOB futures closed at $2.0146/gal, down 0.61 cpg.

October gasoline differentials were stronger versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $11.68 bbl, $5.12/bbl under the screen. – John Troland

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