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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 Thursday Wrap: Crude, gasoline soften; nat gas rallies

HOUSTON, May 31, 2018 (PCW) — July NYMEX crude futures settled down $1.17 at $67.04/bbl. July Brent at the close of the NYMEX decreased $0.01/bbl at $77.52 bbl.

The July Brent/WTI spread widened at $10.48 bbl favoring Brent. Prompt natural gas futures were up 6.7 cents at $2.952 mmBtu. June NYMEX RBOB futures closed at $2.1603 gal, down 2.39 cpg.

May gasoline differentials were mixed from Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.29 bbl, $10.86 /bbl under the screen. – John Troland

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