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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: Crude sees steep decline, nat gas extends gains

HOUSTON, August 24, 2016 (PCW) -- October NYMEX crude futures settled down $1.33/bbl to $46.77/bbl. October Brent at the close of the NYMEX decreased $0.85/bbl to $49.13/bbl.

The October Brent/WTI spread widened to $2.36/bbl favoring Brent. Prompt natural gas futures were up 3.5 cents at $2.796/mmBtu. September NYMEX RBOB futures closed at $1.5096 pg, up 1.08 cpg.

 US Gulf cash gasoline differentials were stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $15.04/bbl, $1.81/bbl under the screen. – John Troland.

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