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NYMEX Tuesday Wrap: Crude little changed, natural gas rises 3.5 cts
Houston, March 22, 2016 (PCW) -- April NYMEX crude futures settled down $0.07/BBL, to $41.45. May Brent at the close of the NYMEX increased $0.26 to $41.66.
The May Brent/WTI spread widened to $0.21/bbl favoring Brent. Prompt natural gas futures were up 3.5 cents at $1.863/mmBtu. April NYMEX RBOB futures closed at $1.4971 pg, up 3.82cpg.
US Gulf cash gasoline differentials ended higher versus Monday’s levels.
A2 CBOB 87 regular was higher at 15.75 cpg under the screen.
CBOB 87 was up at 15.75 cpg under the screen.
D2 CBOB 93 premium rose to 3.50 cpg over the screen.
CBOB 93 was higher at 3.50 cpg over the screen.
RBOB was up at 7.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $14.53/bbl, $4.97/bbl under the screen. – John Troland.
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