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NGLs Week

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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 Tuesday Wrap: Oil drops below $50, nat gas declines

HOUSTON, September 19 2017 (PCW) — October NYMEX crude futures settled down $0.43/bbl at $49.89/bbl. November Brent at the close of the NYMEX decreased $0.42/bbl at $55.06/bbl. The November Brent/WTI spread widened $5.16/bbl favoring Brent.

Prompt natural gas futures were down 2.4 cents at $ 3.122 mmBtu. October NYMEX RBOB futures closed at $1.6550 gal, down 1.36 cpg.

October gasoline differentials were lower versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $16.11 bbl, $5.57/bbl under the screen. – John Troland

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