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NYMEX Thursday Wrap: Crude still charts higher; natgas, gasoline gain
Houston, January 28, 2016 (PCW) —- March NYMEX crude futures settled up $0.92/bbl to $33.22/bbl. March Brent at the close of the NYMEX increased $1.02 to $33.91/bbl.
The March Brent/WTI spread widened to $0.69/bbl favoring Brent. Prompt natural gas futures were up 2.5 cents at $2.182/mmBtu. February NYMEX RBOB futures closed at $1.0790/gal, up 3.33 cpg.
US Gulf cash gasoline differentials ended stronger versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 7.25 cpg under the screen.
CBOB 87 was up at 7.25 cpg under the screen.
D4 CBOB 93 premium rose to 13.50 cpg over the screen.
CBOB 93 was up at 13.50 cpg over the screen.
RBOB increased to 6.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.56/bbl, $1.16/bbl under the screen. – John Troland.
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