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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, nat gas soften

HOUSTON, March 22, 2018 (PCW) — May NYMEX crude futures settled down $0.87/bbl at $64.30/bbl. May Brent at the close of the NYMEX decreased $0.54/bbl at $68.88/bbl.

The May Brent/WTI spread widened at $4.70 bbl favoring Brent. Prompt natural gas futures were down 2.1 cents at $2.617 mmBtu. April NYMEX RBOB futures closed at $2.0096 gal, down 0.26 cpg.

April gasoline differentials were stronger versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.36 bbl, $7.55/bbl under the screen. – John Troland

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