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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 Monday Wrap: Oil inches higher, nat gas jumps

HOUSTON, November 19, 2018 (PCW) — December NYMEX crude futures settled up $0.30 at $56.76/bbl. January Brent at the close of the NYMEX increased $0.06 at $66.83 bbl. The January Brent/WTI spread was narrowed at $9.63 bbl favoring Brent.

Prompt natural gas futures were up 42.8 cents at $4.700 mmBtu. December NYMEX RBOB futures closed at $1.5829 gal, up 0.59 cpg.

December gasoline differentials were mixed versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $9.34 bbl, $7.43 /bbl under the screen. – John Troland

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