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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 steady as nat gas extends gain

HOUSTON, November 16, 2018 (PCW) — December NYMEX crude futures settled unchanged at $56.46/bbl. January Brent at the close of the NYMEX increased $0.19 at $66.77 bbl. The January Brent/WTI spread was widened at $10.09 bbl favoring Brent.

Prompt natural gas futures were up 23.4 cents at $4.272 mmBtu. December NYMEX RBOB futures closed at $1.5770 gal, up 2.04 cpg.

December gasoline differentials were mixed versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $9.19 bbl, $7.54 /bbl under the screen. – John Troland

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