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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 Thursday Wrap: Crude, gasoline increase; nat gas weakens

HOUSTON, February 22, 2018 (PCW) -— April NYMEX crude futures settled up $1.09/bbl at $62.77/bbl. April Brent at the close of the NYMEX increased $1.02/bbl at $66.39 bbl.

The April Brent/WTI spread narrowed at $3.62/bbl favoring Brent. Prompt natural gas futures were down 2.5 cents at $2.634 mmBtu. March NYMEX RBOB futures closed at $1.7657 gal, up 0.84 cpg.

March gasoline differentials were stronger versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.49 bbl, $4.57/bbl under the screen. – John Troland

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