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NYMEX Thursday Wrap: WTI falls below $38/bbl, natgas climbs above $2
Houston, April 7, 2016 (PCW) -— May NYMEX crude futures settled down $0.49/bbl to $37.26/bbl. June Brent at the close of the NYMEX decreased $0.53/bbl to $39.31/bbl.
The June Brent/WTI spread widened at $0.83/bbl favoring Brent. Prompt natural gas futures were up 10.7 cents at $2.018/mmBtu. May NYMEX RBOB futures closed at $1.3812/gal, down 1.35 cpg.
US Gulf cash gasoline differentials ended mixed versus Wednesday’s levels.
A2 CBOB 87 regular was higher at 19.75 cpg under the screen.
CBOB 87 was down at 15 cpg under the screen.
D2 CBOB 93 premium was higher at 3 cpg over the screen.
CBOB 93 increased to 2.75 cpg over the screen.
RBOB was higher at 13.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.20/bbl, $5.97/bbl under the screen. -– John Troland
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