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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 breaks 12-day losing streak with 56 cent gain

HOUSTON, November 14, 2018 (PCW) — December NYMEX crude futures settled up $0.56 at $56.25/bbl. January Brent at the close of the NYMEX increased $0.48 at $66.10 bbl. The January Brent/WTI spread was narrowed at $9.66 bbl favoring Brent.

Prompt natural gas futures were up 73.6 cents at $4.837 mmBtu. December NYMEX RBOB futures closed at $1.5606 gal, up 1.79 cpg.

December gasoline differentials were lower versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $9.54 bbl, $7.25 /bbl under the screen. – John Troland

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