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NGLs Week

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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: Oil plunges to $45.14, natgas also drops

Houston, July 7, 2016 (PCW) —- August NYMEX crude futures settled down $2.29/BBL, to $45.14. September Brent at the close of the NYMEX decreased $2.28 to $46.44. The September Brent/WTI spread widened to $0.60/bbl favoring Brent.

Prompt natural gas futures were down 0.9 cents at $2.777/mmBtu. August NYMEX RBOB futures closed at $1.3631 pg, down 6.98 cpg.

US Gulf cash gasoline differentials were lower versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.68/bbl, $3.10/bbl under the screen. –- John Troland.

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus

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