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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 plunges more than $2 a barrel

HOUSTON, May 25, 2017 (PCW) — July NYMEX crude futures settled down $2.46/bbl to $48.90/bbl. July Brent at the close of the NYMEX decreased $2.52/bbl at $51.51/bbl. The July Brent/WTI spread narrowed to $2.61/bbl favoring Brent.

Prompt natural gas futures were down 2.5 cents at $3.184 mmBtu. June NYMEX RBOB futures closed at $1.6093/gal, down 4.33 cpg.

June gasoline differentials were steady to lower versus Wednesday’s levels.

he 3-2-1 crack in the Gulf Coast was $12.82/bbl, $5.35/bbl under the screen. – John Troland

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