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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 Tuesday Wrap: Crude, nat gas, gasoline extend losses

HOUSTON, August 30, 2016 (PCW) — October NYMEX crude futures settled down $0.63/bbl to $46.35/bbl. October Brent at the close of the NYMEX decreased $0.93/bbl to $48.38/bbl.

The October Brent/WTI spread narrowed to $2.03/bbl favoring Brent. Prompt natural gas futures were down 6.9 cents at $2.827/mmBtu. September NYMEX RBOB futures closed at $1.4483/gal, down 1.86 cpg.

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

The 3-2-1 crack in the Gulf Coast was $11.37/bbl, $3.83/bbl under the screen. – John Troland

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