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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 steady; nat gas falters

HOUSTON, July 12, 2018 (PCW) — August NYMEX crude futures settled down $0.05 at $70.33/bbl. September Brent at the close of the NYMEX increased $5.96/bbl at $74.36 bbl.

The September Brent/WTI spread widened to $5.01 bbl favoring Brent. Prompt natural gas futures were down 3.2 cents at $2.797 mmBtu. August NYMEX RBOB futures closed at $2.0717 gal, up 1.03 cpg.

August gasoline differentials were mostly stronger versus Wednesday’s level.

The 3-2-1 crack in the Gulf Coast was $12.87 bbl, $4.53 /bbl under the screen. – John Troland

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