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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 Wednesday Wrap: Crude, gasoline drop; nat gas extends gains

HOUSTON, March, 2017 (PCW) — April NYMEX crude futures settled down $0.18/bbl to $53.83/bbl. May Brent at the close of the NYMEX decreased $0.15/bbl to $56.35/bbl.

The May Brent/WTI spread narrowed to $2.07/bbl favoring Brent. Prompt natural gas futures were up 2.5 cents at $2.799/mmBtu. April NYMEX RBOB futures closed at $1.6780/gal, down 5.14 cpg.

April gasoline differentials were softer versus Tuesday’s levels.

he 3-2-1 crack in the Gulf Coast was $9.14/bbl, $6.75/bbl under the screen. – John Troland

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