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

HOUSTON, August 3, 2018 (PCW) — September NYMEX crude futures settled down $0.47 at $68.49/bbl. September Brent at the close of the NYMEX decreased $0.34/bbl at $73.17 bbl.

The October Brent/WTI spread narrowed to $5.82 bbl favoring Brent. Prompt natural gas futures were up 3.7 cents at $2.853 mmBtu. September NYMEX RBOB futures closed at $2.0655 gal, down 0.26 cpg.

September gasoline differentials were mostly weaker versus Thursday’s level.

The 3-2-1 crack spread in the Gulf Coast was $14.98 bbl, $4.14 /bbl under the screen. – John Troland

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