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NGLs Week

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NYMEX Monday Wrap: Crude opens week with losses; natgas trends lower

Houston, May 23, 2016 (PCW) -— July NYMEX crude futures settled down $0.33/bbl to $48.08/bbl. July Brent at the close of the NYMEX decreased $0.33/bbl to $48.29/bbl.

The July Brent/WTI spread was steady at $0.21/bbl favoring Brent. Prompt natural gas futures were down 0.7 cents at $2.055/mmBtu. June NYMEX RBOB futures closed at $1.6456/gal, up 1 cpg.

US Gulf cash gasoline differentials were mixed versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $14.14/bbl, $5.19/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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