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NYMEX Friday Wrap: Crude finishes week higher; natgas also surges
Houston, January 29, 2016 (PCW) -- March NYMEX crude futures settled up $0.40/bbl to $33.62/bbl March Brent at the close of the NYMEX increased $0.85 to $34.47/bbl.
The March Brent/WTI spread widened to $0.85/bbl favoring Brent. Prompt natural gas futures were up 11.6 cents at $2.298/mmBtu. February NYMEX RBOB futures closed at $1.1031/gal, up 2.41 cpg.
US Gulf cash gasoline differentials ended mixed versus Thursday’s levels.
A4 CBOB 87 regular was lower at 8 cpg under the screen.
CBOB 87 was down at 8 cpg under the screen.
D4 CBOB 93 premium rose to 14.50 cpg over the screen.
CBOB 93 was up at 14.50 cpg over the screen.
RBOB decreased to 7.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.05/bbl, $1.34/bbl under the screen. – John Troland.
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