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NYMEX Friday Wrap: Crude finishes week with losses; natgas maintains rally
HOUSTON, January 8, 2016 (PCW) -- February NYMEX crude futures settled down $0.11/bbl to $33.27/bbl. February Brent at the close of the NYMEX decreased $0.37 to $33.37/bbl.
The February Brent/WTI spread narrowed to $0.21/bbl favoring Brent. Prompt natural gas futures were up 9.0 cents at $2.472/mmBtu. February NYMEX RBOB futures closed at $1.1277 pg, down 1.83 cpg.
US Gulf cash gasoline differentials were stronger relative to Thursday’s levels.
A4 CBOB 87 regular was higher at 9.75 cpg under the screen.
CBOB 87 was stronger at 9.75 cpg under the screen.
D4 CBOB 93 premium rose to 12.75 cpg over the screen.
CBOB 93 increased to 12.75 cpg over the screen.
RBOB was up at 8.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.05/bbl, $3.10/bbl under the screen. – John Troland
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