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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 probe lower; nat gas shoots up

HOUSTON, March 8, 2017 (PCW) — April NYMEX crude futures settled down $2.86/bbl to $50.28/bbl. May Brent at the close of the NYMEX decreased $2.78/bbl to $53.19/bbl.

The May Brent/WTI spread widened to $2.36/bbl favoring Brent. Prompt natural gas futures were up 7.7 cents at $2.901/mmBtu. April NYMEX RBOB futures closed at $1.6526/gal, down 2.72 cpg.

April gasoline differentials were stronger versus Tuesday’s levels.

he 3-2-1 crack in the Gulf Coast was $11.34/bbl, $6.45/bbl under the screen. – John Troland

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