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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 Wednesday Wrap: Oil rises as nat gas declines

HOUSTON, November 21, 2018 (PCW) — January NYMEX crude futures settled up $1.20 per barrel at $54.63/bbl. January Brent at the close of the NYMEX increased $0.97 at $63.49 bbl. The January Brent/WTI spread was narrowed at $8.86 bbl favoring Brent.

Prompt natural gas futures were down 7.2 cents at $4.451 mmBtu. December NYMEX RBOB futures closed at $1.5107 gal, up 1.48 cpg.

December gasoline differentials were mixed versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.66 bbl, $6.79 /bbl under the screen. – John Troland

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