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NGLs Week

NGLs Week Newsletter  

NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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NYMEX Thursday Wrap: Crude, gasoline, nat gas see steep losses

HOUSTON, May 4, 2017 (PCW) — June NYMEX crude futures settled down $2.30/bbl to $45.52/bbl. July Brent at the close of the NYMEX decreased $2.26/bbl at $48.50/bbl.

The July Brent/WTI spread widened to $2.60/bbl favoring Brent. Prompt natural gas futures were down 4.2 cents at $3.186/mmBtu. June NYMEX RBOB futures closed at $1.4812/gal, down 5.26 cpg.

June gasoline differentials were mixed versus Wednesday’s levels.

he 3-2-1 crack in the Gulf Coast was $10.59/bbl, $5.14/bbl under the screen. – John Troland

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