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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.
A4 CBOB 87 regular was lower at 9.25 cpg under the screen.
CBOB 87 was down at 9.25 cpg under the screen.
D4 CBOB 93 premium fell to 13.25 cpg over the screen.
CBOB 93 was down at 13.25 cpg over the screen.
RBOB decreased to 8.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.69/bbl, $1.94/bbl under the screen. – John Troland.
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