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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: Crude, gasoline drop; nat gas sees slight uptick

HOUSTON, March 2, 2017 (PCW) — April NYMEX crude futures settled down $1.22/bbl to $52.61/bbl. May Brent at the close of the NYMEX decreased $1.23/bbl to $55.12/bbl.

The May Brent/WTI spread narrowed to $2.05/bbl favoring Brent. Prompt natural gas futures were up 0.5 cents at $2.804/mmBtu. April NYMEX RBOB futures closed at $1.6433/gal, down 3.47 cpg.

April gasoline differentials were mostly unchanged versus Wednesday’s levels.

he 3-2-1 crack in the Gulf Coast was $8.80/bbl, $6.71/bbl under the screen. – John Troland

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