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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 rallies, nat gas probes lower

HOUSTON, September 7, 2016 (PCW) -- October NYMEX crude futures settled up $0.67/bbl to $45.50/bbl. November Brent at the close of the NYMEX increased $0.67/bbl to $47.98/bbl.

The November Brent/WTI spread was steady at $1.85/bbl favoring Brent. Prompt natural gas futures were down 4.1 cents at $2.717/mmBtu. October NYMEX RBOB futures closed at $1.3464/gal, up 3.00 cpg.

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

The 3-2-1 crack in the Gulf Coast was $8.96/bbl, $3.21/bbl under the screen. -- John Troland

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