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NYMEX Monday Wrap: Crude falls more than $1, natgas drops 7.7 cents
Houston, April 25, 2016 (PCW) —- June NYMEX crude futures settled down $1.09/BBL, to $42.64. June Brent at the close of the NYMEX decreased $0.77 to $44.35. The June Brent/WTI spread was widened to $1.71/bbl favoring Brent.
Prompt natural gas futures were down 7.7 cents at $2.063/mmBtu. May NYMEX RBOB futures closed at $1.5131 pg, down 1.78 cpg.
US Gulf cash gasoline differentials were mostly higher versus Friday’s levels.
A2 CBOB 87 regular was higher at 15.75 cpg under the screen.
CBOB 87 was up at 9.00 cpg under the screen.
D2 CBOB 93 premium was rose to 6.25 cpg over the screen.
CBOB 93 increased to 6.25 cpg over the screen.
RBOB was lower at 12.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $14.70/bbl, $4.64/bbl under the screen. -– John Troland.
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