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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 Thursday Wrap: Crude continues descent; nat gas plummets

HOUSTON, September 1, 2016 (PCW) — October NYMEX crude futures settled down $1.54/bbl to $43.16/bbl. November Brent at the close of the NYMEX decreased $1.48/bbl to $45.41/bbl.

The November Brent/WTI spread widened to $1.66/bbl favoring Brent. Prompt natural gas futures were down 9.5 cents at $2.792/mmBtu. October NYMEX RBOB futures closed at $1.2724 pg, down 6.10 cpg.

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

The 3-2-1 crack in the Gulf Coast was $9.57/bbl, $2.24/bbl under the screen. – John Troland

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