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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: Oil, gasoline bounce back, but natural gas falls

HOUSTON, October 12, 2018 (PCW) -- November NYMEX crude futures settled up $0.37 at $71.34/bbl. December Brent at the close of the NYMEX increased $0.14 to $80.42/bbl.

The December Brent/WTI spread narrowed to $9.24/bbl favoring Brent. Prompt natural gas futures were down 6.1 cents at $3.161/mmBtu. November NYMEX RBOB futures closed at $1.9420/gal, up 0.93 cpg.

November gasoline differentials were steady to lower versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $10.55 bbl, $4.98 /bbl under the screen. -- John Troland

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