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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 Wednesday Wrap: Crude, gasoline, nat gas shoot up

HOUSTON, May 10, 2017 (PCW) — June NYMEX crude futures settled up $1.45/bbl to $47.33/bbl. July Brent at the close of the NYMEX increased $1.39/bbl at $50.14/bbl.

The July Brent/WTI spread narrowed to $2.44/bbl favoring Brent. Prompt natural gas futures were up 6.5 cents at $3.292/mmBtu. June NYMEX RBOB futures closed at $1.5396/gal, up 5.01 cpg.

June gasoline differentials were stronger versus Tuesday’s levels.

he 3-2-1 crack in the Gulf Coast was $11.56/bbl, $4.87/bbl under the screen. – John Troland

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