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NGLs Week

NGLs Week Newsletter  

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 Monday Wrap: Crude, gasoline, nat gas start week with gains

HOUSTON, May 7, 2018 (PCW) — June NYMEX crude futures settled up $1.01/bbl at $70.73/bbl. July Brent at the close of the NYMEX increased $1.37/bbl at $76.18 bbl.

The July Brent/WTI spread widened at $5.56 bbl favoring Brent. Prompt natural gas futures were up 3.0 cents at $2.741 mmBtu. June NYMEX RBOB futures closed at $2.1340 gal, up 2.00 cpg.

May gasoline differentials were steady to lower versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.87 bbl, $8.74/bbl under the screen. – John Troland

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