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NYMEX Tuesday Wrap: Crude closes below $28; Natgas drops 4 cents

Houston, February 9, 2016 (PCW) -— March NYMEX crude futures settled down $1.75/BBL to $27.94/BBL April Brent at the close of the NYMEX decreased $2.53 to $30.48/bbl. The April Brent/WTI spread narrowed to $0.74/bbl favoring Brent.

Prompt natural gas futures were down 4.2 cents at $2.098/mmBtu. March NYMEX RBOB futures closed at $0.8989 pg, down 5.72 cpg.

US Gulf cash gasoline differentials ended higher versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $7.55/bbl, $3.33/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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