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NYMEX Wednesday Wrap: Oil rises above $45, natgas drops below $2
Houston, April 27, 2016 (PCW) -— June NYMEX crude futures settled up $1.29/BBL, to $45.33. June Brent at the close of the NYMEX increased $1.24 to $47.09. The June Brent/WTI spread was narrowed to $1.76/bbl favoring Brent.
Prompt natural gas futures were down 3.7 cents at $1.995/mmBtu. May NYMEX RBOB futures closed at $1.5808 pg, up 1.48 cpg.
US Gulf cash gasoline differentials were mostly lower versus Tuesday’s levels.
A2 CBOB 87 regular was lower at 13.75 cpg under the screen.
CBOB 87 was down at 6.50 cpg under the screen.
D2 CBOB 93 premium was fell to 6.25 cpg over the screen.
CBOB 93 decreased to 13.75 cpg over the screen.
RBOB was higher at 9.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $15.28/bbl, $4.17/bbl under the screen. -– John Troland.
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