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NYMEX Monday Wrap: Crude sees slight rally; natgas resumes plunge
HOUSTON, December 14, 2015 (PCW) -- January NYMEX crude futures settled up $0.69/bbl to $36.31/bbl. January Brent at the close of the NYMEX increased $0.15 to $38.01/bbl.
The January Brent/WTI spread narrowed to $1.70/bbl favoring Brent. Prompt natural gas futures were down 9.6 cents at $1.894/mmBtu. January NYMEX RBOB futures closed at $1.2558 pg, down 2.57 cpg.
US Gulf cash gasoline differentials were mixed versus Friday’s levels.
A4 CBOB 87 regular was lower at 5.50 cpg under the screen.
CBOB 87 was weaker at 5.50 cpg under the screen.
D4 CBOB 93 premium was up at 18.75 cpg over the screen.
CBOB 93 increased to 18.75 cpg over the screen.
RBOB was lower at 4.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.20/bbl, $3.44/bbl under the screen. – John Troland
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