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NYMEX Tuesday Wrap: Oil rises above $41, natgas jumps 14.8 cents
Houston, April 19, 2016 (PCW) -— May NYMEX crude futures settled up $1.30/BBL, to $41.08. June Brent at the close of the NYMEX increased $1.14 to $44.03. The June Brent/WTI spread narrowed to $1.56/bbl favoring Brent.
Prompt natural gas futures were up 14.8 cents at $2.088/mmBtu. May NYMEX RBOB futures closed at $1.4799 pg, up 4.34 cpg.
US Gulf cash gasoline differentials were higher versus Monday’s levels.
A2 CBOB 87 regular was higher at 18.00 cpg under the screen.
CBOB 87 was up at 11.25 cpg under the screen.
D2 CBOB 93 premium was higher at 4.50 cpg over the screen.
CBOB 93 increased to 4.50 cpg over the screen.
RBOB was higher at 14.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.66/bbl, $5.38/bbl under the screen. – John Troland.
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