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NGLs Week

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NYMEX Thursday Wrap: Crude ekes out slight gains; natgas reverses course

HOUSTON, May 12, 2016 (PCW) -- June NYMEX crude futures settled up $0.47/bbl to $46.70/bbl. July Brent at the close of the NYMEX increased $0.52/bbl to $47.97/bbl.

The July Brent/WTI spread widened to $0.52/bbl favoring Brent. Prompt natural gas futures were down 1.8 cents at $2.155/mmBtu. June NYMEX RBOB futures closed at $1.5833/gal, up 0.18 cpg.

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

The 3-2-1 crack in the Gulf Coast was $11.45/bbl, $5.70/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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