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NGLs Week

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NYMEX Friday Wrap: Crude surges, WTI remains below $30/bbl

Houston, February 12, 2016 (PCW) — March NYMEX crude futures settled up $3.23/bbl to $29.44/bbl. April Brent at the close of the NYMEX increased $2.78 to $32.88/bbl.

The April Brent/WTI spread narrowed to $0.97/bbl favoring Brent. Prompt natural gas futures were down 2.8 cents at $1.966/mmBtu. March NYMEX RBOB futures closed at $1.0432/gal, up 10.15 cpg.

US Gulf cash gasoline differentials ended mixed versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.93/bbl, $1.81/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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