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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 Thursday Wrap: Crude, gasoline, nat gas extend gains

HOUSTON, April 6, 2017 (PCW) — May NYMEX crude futures settled up $0.55/bbl to $51.70/bbl. June Brent at the close of the NYMEX increased $0.52/bbl to $54.90/bbl.

The June Brent/WTI spread narrowed to $2.77/bbl favoring Brent. Prompt natural gas futures were up 6.5 cents at $3.331/mmBtu. May NYMEX RBOB futures closed at $1.7296/gal, up 1.43 cpg.

May gasoline differentials were stronger versus Wednesday’s levels.

he 3-2-1 crack in the Gulf Coast was $14.26/bbl, $5.05/bbl under the screen. – John Troland

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