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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 drops close to $50; nat gas surges

HOUSTON, November 28, 2018 (PCW) — January NYMEX crude futures settled down $1.27 at $50.29/bbl. January Brent at the close of the NYMEX decreased $1.40 at $58.80 bbl. The January Brent/WTI spread was narrowed at $8.51 bbl favoring Brent.

Prompt natural gas futures were up 45.3 cents at $4.715 mmBtu. December NYMEX RBOB futures closed at $1.3979 gal, down 2.29 cpg.

December gasoline differentials were mixed versus Tuesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.61 bbl, $6.18 /bbl under the screen. – John Troland

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