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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 Monday Wrap: Oil is little changed, nat gas surges 28 cents

HOUSTON, November 5, 2018 (PCW) — December NYMEX crude futures settled down $0.04 at $63.10/bbl. January Brent at the close of the NYMEX increased $0.29 at $73.19 bbl. The January Brent/WTI spread widened to $9.89 bbl favoring Brent.

Prompt natural gas futures were up 28.3 cents at $3.567 mmBtu. December NYMEX RBOB futures closed at $1.6919 gal, down 1.64 cpg.

December gasoline differentials were lower versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $9.38 bbl, $5.64 /bbl under the screen. – John Troland

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