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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 sees slight uptick; nat gas, gasoline retreat

HOUSTON, April 5, 2017 (PCW) -- May NYMEX crude futures settled up $0.12/bbl to $51.15/bbl. June Brent at the close of the NYMEX increased $0.32/bbl to $54.38/bbl.

The June Brent/WTI spread widened to $2.78/bbl favoring Brent. Prompt natural gas futures were down 2.7 cents at $3.266/mmBtu. May NYMEX RBOB futures closed at $1.7153/gal, down 0.64 cpg.

May gasoline differentials were weaker versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $14.05/bbl, $5.28/bbl under the screen. – John Troland

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