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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 Wednesday Wrap: Crude, gasoline rally; nat gas softens again

HOUSTON, May 30, 2018 (PCW) — July NYMEX crude futures settled up $1.48 at $68.21/bbl. July Brent at the close of the NYMEX increased $2.22/bbl at $77.53 bbl.

The July Brent/WTI spread widened at $9.45 bbl favoring Brent. Prompt natural gas futures were down 1.8 cents at $2.885 mmBtu. June NYMEX RBOB futures closed at $2.1842 gal, up 4.01 cpg.

May gasoline differentials were weaker from Tuesday’s level.

The 3-2-1 crack in the Gulf Coast was $13.40 bbl, $10.81 /bbl under the screen. – John Troland

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