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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 sharp decreases, nat gas rallies

HOUSTON, August 31, 2016 (PCW) — October NYMEX crude futures settled down $1.65/bbl to $44.70/bbl. October Brent at the close of the NYMEX decreased $1.33/bbl to $47.0/bbl.

The October Brent/WTI spread widened to $2.35/bbl favoring Brent. Prompt natural gas futures were up 6.0 cents at $2.887/mmBtu. September NYMEX RBOB futures closed at $1.4122/gal, down 3.61 cpg.

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

The 3-2-1 crack in the Gulf Coast was $10.81/bbl, $4.17/bbl under the screen. – John Troland

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