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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 drops 20 cents, nat gas also declines

HOUSTON, March 22, 2017 (PCW) — May NYMEX crude futures settled down $0.20/bbl to $48.04/bbl. May Brent at the close of the NYMEX decreased $0.30/bbl to $506.6/bbl.

The May Brent/WTI spread narrowed to $2.62/bbl favoring Brent. Prompt natural gas futures were down 8.2 cents at $3.011/mmBtu. April NYMEX RBOB futures closed at $1.6019/gal, down 0.33 cpg.

April gasoline differentials were lower versus Tuesday’s levels.

he 3-2-1 crack in the Gulf Coast was $12.85/bbl, $5.67/bbl under the screen. – John Troland

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