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NYMEX Tuesday Wrap: Crude posts mixed results, natgas stumbles
HOUSTON, December 1 2015 (PCW) -- January NYMEX crude futures settled up $0.20/bbl to $41.85/bbl. January Brent at the close of the NYMEX decreased $0.37 to $44.34/bbl.
The January Brent/WTI spread narrowed to $2.49/bbl favoring Brent. Prompt natural gas futures were down 0.4 cents at $2.231/mmBtu. January NYMEX RBOB futures closed at $1.3630/gal, up 5.61 cpg.
US Gulf cash gasoline differentials were stronger versus Monday’s levels.
A4 CBOB 87 regular was higher at 12.50 cpg under the screen.
CBOB 87 rebounded to 12.50 cpg under the screen.
D4 CBOB 93 premium was up at 9.75 cpg over the screen.
CBOB 93 increased to 9.75 cpg over the screen.
RBOB was lower at 12.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.13/bbl, $5.35/bbl under the screen. – John Troland
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