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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 Tuesday Wrap: Crude, gasoline extend gains; nat gas falters

HOUSTON, May 15, 2018 (PCW) — June NYMEX crude futures settled up $0.35/bbl at $71.31/bbl. July Brent at the close of the NYMEX increased $0.23/bbl at $78.46 bbl.

The July Brent/WTI spread narrowed at $7.09 bbl favoring Brent. Prompt natural gas futures were down 0.6 cents at $2.836 mmBtu. June NYMEX RBOB futures closed at $2.2048 gal, up 0.46 cpg.

May gasoline differentials were weaker versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.67 bbl, $10.24/bbl under the screen. – John Troland

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