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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 Friday Wrap: Crude, gasoline close week with strong gains

HOUSTON, March 23, 2018 (PCW) — May NYMEX crude futures settled up $1.58/bbl at $65.88/bbl. May Brent at the close of the NYMEX increased $1.61/bbl at $70.49 bbl.

The May Brent/WTI spread widened at $4.78 bbl favoring Brent. Prompt natural gas futures were down 2.6 cents at $2.591 mmBtu. April NYMEX RBOB futures closed at $2.0336 gal, up 2.40 cpg.

April gasoline differentials were steady to stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.79 bbl, $7.58/bbl under the screen. – John Troland

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