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NYMEX Thursday Wrap: Crude approaches $30, RBOB also climbs
HOUSTON, January 21 2016 (PCW) -- March NYMEX crude futures settled up $1.18/bbl to $29.53/bbl. March Brent at the close of the NYMEX increased $1.25 to $29.13/bbl. The March Brent/WTI spread narrowed to $0.40/bbl favoring WTI.
Prompt natural gas futures were up 2 cents at $2.138/mmBtu. February NYMEX RBOB futures closed at $1.0312 pg, up 1.35 cpg.
US Gulf cash gasoline differentials ended higher versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 10.00 cpg under the screen.
CBOB 87 was up at 10.00 cpg under the screen.
D4 CBOB 93 premium rose to 12.75 cpg over the screen.
CBOB 93 was up at 12.75 cpg over the screen.
RBOB increased to 7.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.09/bbl, $2.12/bbl under the screen. – John Troland.
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