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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 Thursday Wrap: Oil edges higher, nat gas plunges 79 cents

HOUSTON, November 15, 2018 (PCW) — December NYMEX crude futures settled up $0.21 at $56.46/bbl. January Brent at the close of the NYMEX increased $0.48 at $66.58 bbl. The January Brent/WTI spread was widened at $9.90 bbl favoring Brent.

Prompt natural gas futures were down 79.9 cents at $4.038 mmBtu. December NYMEX RBOB futures closed at $1.5566 gal, down 0.40 cpg.

December gasoline differentials were lower versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.74 bbl, $7.42 /bbl under the screen. – John Troland

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