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NGLs Week

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NYMEX Tuesday Wrap: Crude extends gains; natgas mounts rally

Houston, March 1, 2016 (PCW) —- April NYMEX crude futures settled up $0.65/bbl to $34.40/bbl. April Brent at the close of the NYMEX increased $0.35/bbl to $36.92/bbl.

The April Brent/WTI spread narrowed to $0.77/bbl favoring Brent. Prompt natural gas futures were up 3.1 cents at $1.742/mmBtu. April NYMEX RBOB futures closed at $1.3095/gal, down 1.72 cpg.

US Gulf cash gasoline differentials ended weaker versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $8.35/bbl, $9.14/bbl under the screen. – John Troland

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus

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