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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 softens; nat gas, gasoline gain

HOUSTON, April 4, 2018 (PCW) — May NYMEX crude futures settled down $0.14/bbl at $63.37/bbl. June Brent at the close of the NYMEX decreased $0.12/bbl at $67.98 bbl.

The June Brent/WTI spread widened at $4.65 bbl favoring Brent. Prompt natural gas futures were up 2.1 cents at $2.718 mmBtu. May NYMEX RBOB futures closed at $1.9768 gal, up 0.27 cpg.

April gasoline differentials were mixed versus Tuesday’s level.

The 3-2-1 crack in the Gulf Coast was $12.58 bbl, $7.08/bbl under the screen. – John Troland

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