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NYMEX Thursday Wrap: Crude extends gains, natgas resumes fall
Houston, April 28, 2016 (PCW) -— June NYMEX crude futures settled up $0.70/bbl to $46.03/bbl. June Brent at the close of the NYMEX increased $0.96/bbl to $48.05/bbl.
The June Brent/WTI spread widened to $2.02/bbl favoring Brent. Prompt natural gas futures were down 7.5 cents at $2.078/mmBtu. May NYMEX RBOB futures closed at $1.5980/gal, up 1.72 cpg.
US Gulf cash gasoline differentials were mixed versus Wednesday’s levels.
A2 CBOB 87 regular was lower at 14.25 cpg under the screen.
CBOB 87 was down at 7.25 cpg under the screen.
D2 CBOB 93 premium was steady at 6.25 cpg over the screen.
CBOB 93 was steady at 13.75 cpg over the screen.
RBOB was higher at 9.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $15.25/bbl, $4.33/bbl under the screen. – John Troland
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