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NYMEX Monday Wrap: Crude kicks off week with loss; natgas trends lower

Houston, February 1, 2016 (PCW) -— March NYMEX crude futures settled down $2/bbl to $31.62/bbl. March Brent at the close of the NYMEX decreased $1.25 to $34.24/bbl.

The March Brent/WTI spread widened to $2.62/bbl favoring Brent. Prompt natural gas futures were down 14.6 cents at $2.152/mmBtu. March NYMEX RBOB futures closed at $1.0830/gal, down 4.93 cpg.

US Gulf cash gasoline differentials ended lower versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $10.65/bbl, $2.57/bbl under the screen. – John Troland

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus

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