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NGLs Week

NGLs Week Newsletter  

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 rises for third day, nat gas drops

HOUSTON, October 26, 2018 (PCW) — December NYMEX crude futures settled up $0.26 at $67.59/bbl. Despite three days of gains, the front month contract has lost $1.53 this week. December Brent at the close of the NYMEX increased $0.67 at $77.55 bbl. The December Brent/WTI spread widened to $9.96 bbl favoring Brent.

Prompt natural gas futures were down 1.7 cents at $3.185 mmBtu. November NYMEX RBOB futures closed at $1.8150 gal, down 0.21 cpg.

November gasoline differentials were mixed versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $10.27 bbl, $5.30 /bbl under the screen. – John Troland

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