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NGLs Week

NGLs Week Newsletter  

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NYMEX Monday Wrap: Crude starts year with losses; gasoline sees gains

HOUSTON, January 4 2016 (PCW) -- February NYMEX crude futures settled down $0.28/bbl to $36.76/bbl. February Brent at the close of the NYMEX decreased $0.31 to $37.05/bbl.

The February Brent/WTI spread widened to $0.29/bbl favoring Brent. Prompt natural gas futures were down 0.3 cents at $2.334/mmBtu. February NYMEX RBOB futures closed at $1.2907/gal, up 1.97 cpg.

US Gulf cash gasoline differentials weakened versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $11.54/bbl, $3.61/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