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NYMEX Thursday Wrap: Crude recovers, WTI finishes above $40/bbl
HOUSTON, December 3 2015 (PCW) -- January NYMEX crude futures settled up $1.14/bbl to $41.08/bbl. January Brent at the close of the NYMEX increased $1.63 to $44.14/bbl.
The January Brent/WTI spread widened to $3.06/bbl favoring Brent. Prompt natural gas futures were up 1.6 cents at $2.181/mmBtu. January NYMEX RBOB futures closed at $1.2963/gal, up 0.32 cpg.
US Gulf cash gasoline differentials were mostly softer versus Wednesday’s levels.
A4 CBOB 87 regular was lower at 13.25 cpg under the screen.
CBOB 87 declined to 13.25 cpg under the screen.
D4 CBOB 93 premium was down at 8.25 cpg over the screen.
CBOB 93 decreased to 8.25 cpg over the screen.
RBOB was steady at 12.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.43/bbl, $5.81/bbl under the screen. – John Troland
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