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NYMEX Thursday Wrap: Crude extends rally; natgas sees steep decline

Houston, February 18, 2016 (PCW) -— March NYMEX crude futures settled up $0.11/bbl to $30.77/bbl. April Brent at the close of the NYMEX decreased $0.57 to $34.07.

The April Brent/WTI spread narrowed to $1.14/bbl favoring Brent. Prompt natural gas futures were down 9 cents at $1.852/mmBtu. March NYMEX RBOB futures closed at $0.9724/gal, down 3.10 cpg.

US Gulf cash gasoline differentials ended weaker versus Wednesday’s levels.

The 3-2-1 crack in the Gulf Coast was $9.01/bbl, $2.56/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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