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NYMEX Monday Wrap: Crude opens week with loss; natgas continues rally
HOUSTON, December 28, 2015 (PCW) -- February NYMEX crude futures settled down $1.29/bbl to $36.81/bbl. February Brent at the close of the NYMEX decreased $1.13 to $36.71/bbl.
The February Brent/WTI spread widened to $0.10/bbl favoring WTI. Prompt natural gas futures were up 19.9 cents at $2.228/mmBtu. January NYMEX RBOB futures closed at $1.2326/gal, down 3.17 cpg.
US Gulf cash gasoline differentials were mixed versus Thursday’s levels.
A4 CBOB 87 regular was lower at 10.75 cpg under the screen.
CBOB 87 was weaker at 10.75 cpg under the screen.
D4 CBOB 93 premium rose to 15.25 cpg over the screen.
CBOB 93 increased to 15.25 cpg over the screen.
RBOB was down at 8.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.69/bbl, $3.98/bbl under the screen. – John Troland
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