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NYMEX Thursday Wrap: Crude, nat gas settle lower; gasoline bucks trend
HOUSTON, December 15, 2016 (PCW) — January NYMEX crude futures settled down $0.14/bbl to $50.90/bbl. February Brent at the close of the NYMEX increased $0.06/bbl to $53.98/bbl.
The February Brent/WTI spread widened to $2.01/bbl favoring Brent. Prompt natural gas futures were down 10.6 cents at $3.434/mmBtu. January NYMEX RBOB futures closed at $1.5421/gal, up 0.90 cpg.
December gasoline differentials were mostly weaker versus Wednesday’s levels.
A4 CBOB 87 regular was softer at 5.75 cpg under the screen.
CBOB 87 was lower at 6.00 cpg under the screen.
D4 CBOB 93 premium was weaker at 12.75 cpg over the screen.
CBOB 93 was down at 12.50 cpg over the screen.
RBOB was steady at 4.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.21/bbl, $3.06/bbl under the screen. – John Troland