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NYMEX Tuesday Wrap: Oil closes above $42 a barrel for 2016 high

Houston, April 12, 2016 (PCW) -— May NYMEX crude futures settled up $1.81/BBL, to $42.17. June Brent at the close of the NYMEX increased $1.93 to $44.72. It was the highest close since November 11, 2015.

The June Brent/WTI spread widened to $1.22/bbl favoring Brent. Prompt natural gas futures were up 9.2 cents at $2.004/mmBtu.

May NYMEX RBOB futures closed at $1.5343 pg, up 2.66 cpg.

US Gulf cash gasoline differentials were lower versus Monday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.68/bbl, $5.97/bbl under the screen. -- John Troland.

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus

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