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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 Friday Wrap: Crude closes week with rally; nat gas holds firm

HOUSTON, September 2, 2016 (PCW) — October NYMEX crude futures settled up $1.28/bbl to $44.44/bbl. November Brent at the close of the NYMEX increased $1.36/bbl to $46.81/bbl.

The November Brent/WTI spread widened to $1.77/bbl favoring Brent. Prompt natural gas futures was unchanged at $2.792/mmBtu. October NYMEX RBOB futures closed at $1.3016/gal, up 2.92 cpg.

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

The 3-2-1 crack in the Gulf Coast was $8.45/bbl, $3.29/bbl under the screen. – John Troland

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