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NYMEX Monday Wrap: Crude opens week with continued march downward
HOUSTON, December 7, 2015 (PCW) -- January NYMEX crude futures settled down $2.32/bbl to $37.65/bbl. January Brent at the close of the NYMEX decreased $2.19 to $40.66/bbl.
The January Brent/WTI spread widened to $3.01/bbl favoring Brent. Prompt natural gas futures were down 11.9 cents at $2.067/mmBtu. January NYMEX RBOB futures closed at $1.2094/gal, down 6.08 cpg.
US Gulf cash gasoline differentials were mostly stronger versus Friday’s levels.
A4 CBOB 87 regular was higher at 11 cpg under the screen.
CBOB 87 was stronger at 11 cpg under the screen.
D4 CBOB 93 premium was up at 9.75 cpg over the screen.
CBOB 93 increased to 9.75 cpg over the screen.
RBOB was steady at 11.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.16/bbl, $4.97/bbl under the screen. – John Troland
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