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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 finish stronger; nat gas sags

HOUSTON, May 3, 2018 (PCW) — June NYMEX crude futures settled up $0.50/bbl at $68.43/bbl. July Brent at the close of the NYMEX increased $0.26/bbl at $73.62 bbl.

The July Brent/WTI spread narrowed at $5.36 bbl favoring Brent. Prompt natural gas futures were down 2.8 cents at $2.726 mmBtu. June NYMEX RBOB futures closed at $2.0875 gal, up 0.77 cpg.

May gasoline differentials were mixed versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.99 bbl, $8.61/bbl under the screen. – John Troland

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