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NYMEX Wednesday Wrap: Crude, gasoline, natgas futures stumble
HOUSTON, December 30, 2015 (PCW) -- February NYMEX crude futures settled down $1.27/bbl to $36.60/bbl. February Brent at the close of the NYMEX decreased $1.25 to $36.47/bbl.
The February Brent/WTI spread narrowed to $0.13/bbl favoring WTI. Prompt natural gas futures were down 15.6 cents at $2.214/mmBtu. January NYMEX RBOB futures closed at $1.23/gal, down 4.60 cpg.
US Gulf cash gasoline differentials were mostly stronger versus Tuesday’s levels.
A4 CBOB 87 regular was higher at 10 cpg under the screen.
CBOB 87 was stronger at 10 cpg under the screen.
D4 CBOB 93 premium rose to 12.50 cpg over the screen.
CBOB 93 increased to 12.50 cpg over the screen.
RBOB was down at 9.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.64/bbl, $3.01/bbl under the screen. – John Troland
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