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NYMEX Friday Wrap: Crude closes week with slight losses; natgas surges
HOUSTON, April 29, 2016 (PCW) —- June NYMEX crude futures settled down $0.11/bbl to $45.92/bbl. June Brent at the close of the NYMEX decreased $0.17/bbl to $47.88/bbl.
The June Brent/WTI spread narrowed to $1.96/bbl favoring Brent. Prompt natural gas futures were up 10 cents at $2.178/mmBtu. May NYMEX RBOB futures closed at $1.5848/gal, down 1.32 cpg.
US Gulf cash gasoline differentials were mostly stronger versus Thursday’s levels.
A2 CBOB 87 regular was higher at 14 cpg under the screen.
CBOB 87 was up at 5.25 cpg under the screen.
D2 CBOB 93 premium was steady at 6.25 cpg over the screen.
CBOB 93 was higher at 15 cpg over the screen.
RBOB was higher at 9.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $14.69/bbl, $4.26/bbl under the screen. – John Troland
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