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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 Tuesday Wrap: Crude oil and gasoline rise, nat gas drops slightly

HOUSTON, October 16, 2018 (PCW) -- November NYMEX crude futures settled up $0.14 at $71.92/bbl. December Brent at the close of the NYMEX was up $0.73 at $81.49/bbl. The December Brent/WTI spread widened to $9.73 bbl/favoring Brent.

Prompt natural gas futures were down 0.3 cent at $3.239/mmBtu. November NYMEX RBOB futures closed at $1.9773/gal, up 3.30 cpg.

November gasoline differentials were steady to lower versus Monday’s levels:

The 3-2-1 crack spread in the Gulf Coast was $11.24/bbl, $4.97/bbl under the screen. -- John Troland

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