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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 oil plunges to lowest level since mid-November

HOUSTON, June 14, 2017 (PCW) — July NYMEX crude futures settled down $1.73/bbl to $44.73/bbl. It was the lowest close for a front month since November 14. August Brent at the close of the NYMEX decreased $1.74/bbl at $48.72/bbl. The August Brent/WTI spread was steady at $2.05/bbl favoring Brent.

Prompt natural gas futures were down 3.3 cents at $2.933 mmBtu. July NYMEX RBOB futures closed at $1.4327/gal, down 6.68 cpg.

July gasoline differentials were mixed versus Tuesday’s levels.

he 3-2-1 crack in the Gulf Coast was $9.63/bbl, $5.54/bbl under the screen. – John Troland

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