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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, gasoline extends increase; nat gas softens again

HOUSTON, May 16, 2018 (PCW) — June NYMEX crude futures settled up $0.18/bbl at $71.49/bbl. July Brent at the close of the NYMEX increased $0.74/bbl at $79.20 bbl.

The July Brent/WTI spread widened at $7.64 bbl favoring Brent. Prompt natural gas futures were down 2.1 cents at $2.815 mmBtu. June NYMEX RBOB futures closed at $2.2499 gal, up 4.51 cpg.

May gasoline differentials were mixed versus Tuesday’s level.

The 3-2-1 crack in the Gulf Coast was $12.93 bbl, $10.35/bbl under the screen. – John Troland

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