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NGLs Week

NGLs Week Newsletter  

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NYMEX Monday Wrap: Crude starts week with gains; natgas resumes plummet

Houston, February 29, 2016 (PCW ) -— April NYMEX crude futures settled up $0.97/bbl to $33.75/bbl. April Brent at the close of the NYMEX increased $0.70/bbl to $35.88/bbl.

The April Brent/WTI spread narrowed to $2.13/bbl favoring Brent. Prompt natural gas futures were down 8 cents at $1.711/mmBtu. March NYMEX RBOB futures closed at $1.0497/gal up 3.31cpg.

US Gulf cash gasoline differentials ended stronger versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.92/bbl, $0.34/bbl under the screen. – John Troland

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus

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