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NYMEX Wednesday Wrap: Crude inches up to $34.66; natural gas slips
Houston, March 2, 2016 (PCW) -— April NYMEX crude futures settled up $0.26/BBL, to $34.66. April Brent at the close of the NYMEX decreased $0.02 to $36.90. The April Brent/WTI spread narrowed to $0.60/bbl favoring Brent.
Prompt natural gas futures were down 6.4 cents at $1.678/mmBtu. April NYMEX RBOB futures closed at $1.3107 pg, up 0.72cpg.
US Gulf cash gasoline differentials ended lower versus Tuesday’s levels.
A3 CBOB 87 regular was lower at 34.50 cpg under the screen.
CBOB 87 was down at 34.50 cpg under the screen.
D3 CBOB 93 premium fell to 14.00 cpg under the screen.
CBOB 93 was down at 14.00 cpg under the screen.
RBOB was lower at 32.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $7.58/bbl, $9.95/bbl under the screen. – John Troland.
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