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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 Wednesday Wrap: Oil drops for eighth straight sesson

HOUSTON, November 7, 2018 (PCW) — December NYMEX crude futures settled down $0.54 at $61.67/bbl. January Brent at the close of the NYMEX decreased $0.08 at $72.07 bbl. It was the eighth straight daily decline. The January Brent/WTI spread widened to $10.25 bbl favoring Brent.

Prompt natural gas futures were unchanged at $3.555 mmBtu. December NYMEX RBOB futures closed at $1.6474 gal, down 4.66 cpg.

December gasoline differentials were lower versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $10.03 bbl, $5.75 /bbl under the screen. – John Troland

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