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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 Tuesday Wrap: Oil drops below $69, nat gas drops

HOUSTON, July 31, 2018 (PCW) — September NYMEX crude futures settled down $1.37 at $68.76/bbl. September Brent at the close of the NYMEX decreased $0.89/bbl at $74.10 bbl. The September Brent/WTI spread widened to $5.34 bbl favoring Brent.

Prompt natural gas futures were down 1.5 cents at $2.782 mmBtu. August NYMEX RBOB futures closed at $2.1291 gal, down 3.12 cpg.

August gasoline differentials were mostly lower versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $13.62 bbl, $5.08 /bbl under the screen. – John Troland

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