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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 posts mixed results; nat gas plummets

HOUSTON, June 1, 2017 (PCW) — July NYMEX crude futures settled up $0.04/bbl to $48.36/bbl. August Brent at the close of the NYMEX decreased $0.03/bbl at $50.73/bbl.

The August Brent/WTI spread narrowed to $2.13/bbl favoring Brent. Prompt natural gas futures were down 6.3 cents at $3.008 mmBtu. July NYMEX RBOB futures closed at $1.6014/gal, up 0.49 cpg.

July gasoline differentials were stronger versus Wednesday’s levels.

he 3-2-1 crack in the Gulf Coast was $12.26/bbl, $5.24/bbl under the screen. – John Troland

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