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NGLs Week

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NYMEX Wednesday Wrap: Crude extends gains; natgas rallies

Houston, May 25, 2016 (PCW) -- July NYMEX crude futures settled up $0.94/bbl to $49.56/bbl. July Brent at the close of the NYMEX increased $1.02/bbl to $49.66/bbl.

The July Brent/WTI spread widened to $0.10/bbl favoring Brent. Prompt natural gas futures were up 1.2 cents at $1.992/mmBtu. June NYMEX RBOB futures closed at $1.6416/gal, down 1.28 cpg.

US Gulf cash gasoline differentials were stronger versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $13.74/bbl, $4.29/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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