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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: Oil drops almost $2, nat gas plunges

HOUSTON, July 5 2017 (PCW) -— August NYMEX crude futures settled down $1.94/bbl to $45.13/bbl. September Brent at the close of the NYMEX decreased $1.92/bbl at $47.81/bbl. The September Brent/WTI spread widened to $2.47/bbl favoring Brent.

Prompt natural gas futures were down 11.1 cents at $ 2.840 mmBtu. August NYMEX RBOB futures closed at $1.5024/gal, down 3.24 cpg.

August gasoline differentials were steady to higher versus Monday’s levels.

he 3-2-1 crack in the Gulf Coast was $12.731bbl, $4.91/bbl under the screen. –- John Troland

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