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NYMEX Friday Wrap: Crude closes week with losses; natgas rallies
Houston, February 5, 2016 (PCW) -— March NYMEX crude futures settled down $0.83/bbl to $30.89/bbl. April Brent at the close of the NYMEX decreased $0.44 to $34.05/bbl.
The April Brent/WTI spread widened to $1.33/bbl favoring Brent. Prompt natural gas futures were up 9.1 cents at $2.063/mmBtu. March NYMEX RBOB futures closed at $0.9927/gal, down 3.57 cpg.
US Gulf cash gasoline differentials ended stronger versus Thursday’s levels.
A4 CBOB 87 regular was higher at 15.75 cpg under the screen.
CBOB 87 was up at 15.75 cpg under the screen.
D4 CBOB 93 premium rose to 6 cpg over the screen.
CBOB 93 increased to 6 cpg over the screen.
RBOB was higher at 14.75 cpg under the screen64
The 3-2-1 crack in the Gulf Coast was $8.15/bbl, $3.58/bbl under the screen. – John Troland
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