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NGLs Week

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NYMEX Wednesday Wrap: Crude climbs to $30.48, natural gas rises

HOUSTON, January 13, 2016 (PCW) -- February NYMEX crude futures settled up $0.04/bbl to $30.48/bbl. February Brent at the close of the NYMEX decreased $0.41 to $30.32/bbl.

The February Brent/WTI spread narrowed to $0.16/bbl favoring WTI. Prompt natural gas futures were up 1.1 cents at $2.268/mmBtu. February NYMEX RBOB futures closed at $1.0528 pg, down 3.20 cpg.

US Gulf cash gasoline differentials are down versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.15/bbl, $3.42/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