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NGLs Week

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NYMEX Tuesday Wrap: Crude extends loss; gasoline, natgas soften

HOUSTON, January 5, 2016 (PCW) -- February NYMEX crude futures settled down $0.79/bbl to $35.97/bbl. February Brent at the close of the NYMEX decreased $0.46 to $36.59/bbl.

The February Brent/WTI spread widened to $0.62/bbl favoring Brent. Prompt natural gas futures were down 0.9 cents at $2.325/mmBtu. February NYMEX RBOB futures closed at $1.2567/gal, down 3.40 cpg.

US Gulf cash gasoline differentials declined versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.73/bbl, $4.24/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