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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: Crude opens week with slight losses; nat gas also lower

HOUSTON, August 29, 2016 (PCW) — October NYMEX crude futures settled down $0.66/bbl to $46.98/bbl. October Brent at the close of the NYMEX decreased $0.53/bbl to $49.31/bbl.

The October Brent/WTI spread widened to $2.40/bbl favoring Brent. Prompt natural gas futures were down 1.8 cents at $2.853/mmBtu. September NYMEX RBOB futures closed at $1.4669 pg, down 0.15 cpg.

 US Gulf cash gasoline differentials were mostly weaker versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.47/bbl, $2.83/bbl under the screen. – John Troland

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