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NGLs Week

NGLs Week Newsletter  

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NYMEX Wednesday Wrap: Crude sees strong rally; WTI back up over $30/bbl

Houston, February 17, 2016 (PCW) —- March NYMEX crude futures settled up $1.62/bbl to $30.66/bbl. April Brent at the close of the NYMEX increased $2.39 to $34.64/bbl.

The April Brent/WTI spread widened to $1.66/bbl favoring Brent. Prompt natural gas futures were up 3.9 cents at $1.942/mmBtu. March NYMEX RBOB futures closed at $1.0034/gal, up 3.25 cpg.

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

The 3-2-1 crack in the Gulf Coast was $10.53/bbl, $2.14/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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