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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 Monday Wrap: Crude, gasoline open week with gains; nat gas softens

HOUSTON, July 9, 2018 (PCW) — August NYMEX crude futures settled up $0.05 at $73.85/bbl. September Brent at the close of the NYMEX increased $0.93/bbl at $78.09 bbl.

The September Brent/WTI spread widened to $6.11 bbl favoring Brent. Prompt natural gas futures were down 3.0 cents at $2.828 mmBtu. August NYMEX RBOB futures closed at $2.1485 gal, up 4.00 cpg.

August gasoline differentials were stronger versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.30 bbl, $4.75 /bbl under the screen. – John Troland

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