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NYMEX Monday Wrap: Crude, natural gas, RBOB kick off week with gains
Houston, February 22, 2016 (PCW) —- March NYMEX crude futures settled up $1.84/bbl, to $31.48/bbl. April Brent at the close of the NYMEX increased $1.15/bbl to $34.42/bbl.
The April Brent/WTI spread narrowed to $1.02/bbl favoring Brent. Prompt natural gas futures were up 1.7 cents at $1.821/mmBtu. March NYMEX RBOB futures closed at $1.0006/gal, up 4.12cpg.
US Gulf cash gasoline differentials ended weaker versus Friday’s levels.
A3 CBOB 87 regular was lower at 9.25 cpg under the screen.
CBOB 87 was down at 11.75 cpg under the screen.
D3 CBOB 93 premium fell to 14 cpg over the screen.
CBOB 93 decreased to 11.50 cpg over the screen.
RBOB was down at 11.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.24/bbl, $2.07/bbl under the screen. – John Troland
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