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NYMEX Wednesday Wrap: Crude tumbles again, natgas charts fresh lows
HOUSTON, December 16, 2015 (PCW) -- January NYMEX crude futures settled down $1.83/bbl to $35.52/bbl. January Brent at the close of the NYMEX decreased $1.81 to $37.12/bbl.
The January Brent/WTI spread widened to $1.60/bbl favoring Brent. Prompt natural gas futures were down 3.2 cents at $1.790/mmBtu. January NYMEX RBOB futures closed at $1.231/gal, down 1.16 cpg.
US Gulf cash gasoline differentials were mixed versus Tuesday’s levels.
A4 CBOB 87 regular was higher at 8.50 cpg under the screen.
CBOB 87 was stronger at 8.50 cpg under the screen.
D4 CBOB 93 premium was down at 11.75 cpg over the screen.
CBOB 93 decreased to 11.75 cpg over the screen.
RBOB was higher at 7.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.00/bbl, $4.57/bbl under the screen. – John Troland
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