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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 collapses; nat gas rallies

HOUSTON, April 19, 2017 (PCW) — May NYMEX crude futures settled down $1.97/bbl to $50.44/bbl. June Brent at the close of the NYMEX decreased $2.10/bbl to $52.89/bbl.

The June Brent/WTI spread narrowed to $2.04/bbl favoring Brent. Prompt natural gas futures were up 4.0 cents at $3.185/mmBtu. May NYMEX RBOB futures closed at $1.6590/gal, down 5.20 cpg.

May gasoline differentials were mostly steady versus Tuesday’s levels.

he 3-2-1 crack in the Gulf Coast was $12.52/bbl, $5.63/bbl under the screen. – John Troland

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