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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 crumbles again, nat gas trends lower

HOUSTON, September 14 2016 (PCW) — October NYMEX crude futures settled down $1.32/bbl to $43.58/bbl. November Brent at the close of the NYMEX decreased $1.31/bbl to $45.86/bbl.

The November Brent/WTI spread widened to $1.71/bbl favoring Brent. Prompt natural gas futures were down 2.0 cents at $2.889/mmBtu. October NYMEX RBOB futures closed at $1.3615/gal, down 1.50 cpg.

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

The 3-2-1 crack in the Gulf Coast was $10.69/bbl, $3.20/bbl under the screen. – John Troland

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