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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 falter; nat gas rallies

HOUSTON, April 12, 2017 (PCW) — May NYMEX crude futures settled down $0.29/bbl to $53.11/bbl. June Brent at the close of the NYMEX decreased $0.34/bbl to $55.84/bbl.

The June Brent/WTI spread narrowed to $2.32/bbl favoring Brent. Prompt natural gas futures were up 3.7 cents at $3.187/mmBtu. May NYMEX RBOB futures closed at $1.7417/gal, down 1.60 cpg.

May gasoline differentials were weaker versus Tuesday’s levels.

he 3-2-1 crack in the Gulf Coast was $13.12/bbl, $5.67/bbl under the screen. – John Troland

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