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NGLs Week

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NYMEX Thursday Wrap: Crude continues rally; natgas reverses course

Houston, May 5, 2016 (PCW) -— June NYMEX crude futures settled up $0.54/bbl to $44.32/bbl. July Brent at the close of the NYMEX increased $0.26/bbl to $44.86/bbl.

The July Brent/WTI spread narrowed to $0.05/bbl favoring WTI. Prompt natural gas futures were down 6.5 cents at $2.076/mmBtu. June NYMEX RBOB futures closed at $1.4914/gal, up 0.54 cpg.

US Gulf cash gasoline differentials were steady to lower versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.78/bbl, $5.26/bbl under the screen. –- John Troland

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus

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