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NGLs Week

NGLs Week Newsletter  

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NYMEX Monday Wrap: Crude opens week with gains; natgas plummets

HOUSTON, May 16, 2016 (PCW) —- June NYMEX crude futures settled up $1.51/bbl to $47.72/bbl. July Brent at the close of the NYMEX increased $1.12/bbl to $48.98/bbl.

The July Brent/WTI spread narrowed to $0.56/bbl favoring Brent. Prompt natural gas futures were down 6.7 cents at $2.029/mmBtu. June NYMEX RBOB futures closed at $1.6063/gal, up 1.81 cpg.

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

The 3-2-1 crack in the Gulf Coast was $12.08/bbl, $5.34/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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