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NYMEX Tuesday Wrap: Crude continues rally; natgas resumes freefall
HOUSTON, December 15, 2015 (PCW) -- January NYMEX crude futures settled up $1.04/bbl to $36.31/bbl. January Brent at the close of the NYMEX increased $0.92 to $38.93/bbl.
The January Brent/WTI spread narrowed to $1.58/bbl favoring Brent. Prompt natural gas futures were down 7.2 cents at $1.822/mmBtu. January NYMEX RBOB futures closed at $1.2444/gal, down 1.14 cpg.
US Gulf cash gasoline differentials were weaker versus Monday’s levels.
A4 CBOB 87 regular was lower at 10.50 cpg under the screen.
CBOB 87 was weaker at 10.50 cpg under the screen.
D4 CBOB 93 premium was down at 12.25 cpg over the screen.
CBOB 93 decreased to 12.25 cpg over the screen.
RBOB was lower at 9.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.11/bbl, $5.44/bbl under the screen. – John Troland
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