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NYMEX Thursday Wrap: Crude drops below $37; Natural gas declines
HOUSTON, December 10, 2015 (PCW) -- January NYMEX crude futures settled down $0.40/bbl to $36.76/bbl. January Brent at the close of the NYMEX decreased $0.04 to $39.85/bbl.
The January Brent/WTI spread widened to $3.09/bbl favoring Brent. Prompt natural gas futures were down 4.7 cents at $2.015/mmBtu. January NYMEX RBOB futures closed at $1.2802 pg, up 4.85 cpg.
US Gulf cash gasoline differentials were higher versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 5.00 cpg under the screen.
CBOB 87 was stronger at 5.00 cpg under the screen.
D4 CBOB 93 premium was up at 16.25 cpg over the screen.
CBOB 93 increased to 16.25 cpg over the screen.
RBOB was higher at 3.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.97/bbl, $3.27/bbl under the screen. – John Troland
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