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NGLs Week

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NYMEX Wednesday Wrap: Crude continues recovery; natgas, gasoline also up

Houston, January 27, 2016 (PCW) -— March NYMEX crude futures settled up $0.85/bbl to $32.30/bbl. March Brent at the close of the NYMEX increased $1.05 to $32.89/bbl.

The March Brent/WTI spread widened to $0.59/bbl favoring Brent. Prompt natural gas futures were up 0.9 cents at $2.189/mmBtu. February NYMEX RBOB futures closed at $1.0457/gal, down 0.15 cpg.

US Gulf cash gasoline differentials ended weaker versus Tuesday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.69/bbl, $1.94/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