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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 Friday Wrap: Crude, nat gas, gasoline close week with losses

HOUSTON, May 18, 2018 (PCW) — June NYMEX crude futures settled 21 cents lower at $71.28/bbl. July Brent at the close of the NYMEX decreased $0.23/bbl at $79.43 bbl.

The July Brent/WTI spread narrowed at $7.09 bbl favoring Brent. Prompt natural gas futures were down 1.2 cents at $2.847 mmBtu. June NYMEX RBOB futures closed at $2.2333 gal, down 0.98 cpg.

May gasoline differentials were mixed versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.71 bbl, $10.26/bbl under the screen. – John Troland

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