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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: Crude closes week with slight gains; nat gas also stronger

HOUSTON, August 26, 2016 (PCW) — October NYMEX crude futures settled up $0.31/bbl to $47.64/bbl. October Brent at the close of the NYMEX increased $0.16/bbl to $49.85/bbl.

The October Brent/WTI spread narrowed to $2.20/bbl favoring Brent. Prompt natural gas futures were up 3.5 cents at $2.871/mmBtu. September NYMEX RBOB futures closed at $1.5129/gal, up 0.15 cpg.

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

The 3-2-1 crack in the Gulf Coast was $14.26/bbl, $1.82/bbl under the screen. – John Troland

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