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NYMEX Tuesday Wrap: Crude falters again; WTI settles below $30
Houston, February 2, 2016 (PCW) -— March NYMEX crude futures settled down $1.74/bbl to $29.88/bbl. April Brent at the close of the NYMEX decreased $1.40 to $32.84/bbl.
The April Brent/WTI spread widened to $1.23/bbl favoring Brent. Prompt natural gas futures were down 12.7 cents at $2.025/mmBtu. March NYMEX RBOB futures closed at $1.0008/gal, down 8.22 cpg.
US Gulf cash gasoline differentials ended lower versus Monday’s levels.
A4 CBOB 87 regular was lower at 12.75 cpg under the screen.
CBOB 87 was down at 12.75 cpg under the screen.
D4 CBOB 93 premium fell to 9.75 cpg over the screen.
CBOB 93 was down at 9.75 cpg over the screen.
RBOB decreased to 12.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.66/bbl, $2.57/bbl under the screen. – John Troland
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