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NYMEX Tuesday Wrap: Crude oil is little changed, gasoline rises
HOUSTON, December 20 2016 (PCW) — January NYMEX crude futures settled up $0.11 bbl to $52.23. February Brent at the close of the NYMEX increased $0.26 to $55.23. The February Brent/WTI spread widened to $1.93/bbl favoring Brent.
Prompt natural gas futures were down 12.9 cents at $3.263/mmBtu. January NYMEX RBOB futures closed at $1.5936 pg, up 2.97 cpg.
December gasoline differentials were mixed versus Monday’s levels.
A4 CBOB 87 regular was steady at 7.25 cpg under the screen.
CBOB 87 was higher at 6.75 cpg under the screen.
D4 CBOB 93 premium was lower at 9.00 cpg over the screen.
CBOB 93 was steady at 9.50 cpg over the screen.
RBOB was higher at 5.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.29/bbl, $3.46/bbl under the screen. – John Troland.