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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 losses

HOUSTON, April 6, 2018 (PCW) — May NYMEX crude futures settled down $1.48/bbl at $62.06/bbl. June Brent at the close of the NYMEX decreased $1.23/bbl at $67.09 bbl.

The June Brent/WTI spread widened at $4.99 bbl favoring Brent. Prompt natural gas futures were up 2.6 cents at $2.701 mmBtu. May NYMEX RBOB futures closed at $1.9547 gal, down 2.69 cpg.

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

A2 CBOB 87 regular was steady at 15.25 cpg under the screen.

CBOB 87 was up at 10.75 cpg under the screen.

D2 CBOB 93 premium was firm at 3.75 cpg over the screen.

CBOB 93 was up at 8.25 over the screen.

RBOB was stronger at 5.00 cpg under the screen.

The 3-2-1 crack in the Gulf Coast was $13.02 bbl, $7.06/bbl under the screen. – John Troland

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