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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 Wednesday Wrap: Crude, gasoline soar; nat gas declines again

HOUSTON, March 21, 2018 (PCW) — May NYMEX crude futures settled up $1.63/bbl at $65.17/bbl. May Brent at the close of the NYMEX increased $1.98/bbl at $69.42 bbl.

The May Brent/WTI spread widened at $4.25 bbl favoring Brent. Prompt natural gas futures were down 3.7 cents at $2.638 mmBtu. April NYMEX RBOB futures closed at $2.0122 gal, up 4.63 cpg.

April gasoline differentials were weaker versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.62 bbl, $7.65/bbl under the screen. – John Troland

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