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NYMEX Monday Wrap: Crude opens week with mild gains; natgas, RBOB also finish higher
Houston, March 21, 2016 (PCW) — April NYMEX crude futures settled up $0.47/bbl to $39.91/bbl. May Brent at the close of the NYMEX increased $0.22/bbl to $41.40/bbl.
The May Brent/WTI spread widened to $0.12/bbl favoring WTI. Prompt natural gas futures were down 7.9 cents at $1.828/mmBtu. April NYMEX RBOB futures closed at $1.4589/gal, up 3.16 cpg.
US Gulf cash gasoline differentials ended stronger versus Friday’s levels.
A2 CBOB 87 regular was higher at 18.50 cpg under the screen.
CBOB 87 was up at 18.50 cpg under the screen.
D2 CBOB 93 premium rose to 0.75 cpg over the screen.
CBOB 93 was higher at 0.75 cpg over the screen.
RBOB was up at 7.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.28/bbl, $5.98/bbl under the screen. – John Troland
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