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NGLs Week

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NYMEX Friday Wrap: Crude closes week with gains; natgas reverses course

Houston, April 8, 2016 (PCW) -— May NYMEX crude futures settled up $2.46/bbl, to $39.72/bbl. June Brent at the close of the NYMEX increased $2.50/bbl to $41.81/bbl.

The June Brent/WTI spread narrowed to $0.82/bbl favoring Brent. Prompt natural gas futures were down 2.8 cents at $1.990/mmBtu. May NYMEX RBOB futures closed at $1.4637/gal, up 8.25 cpg.

US Gulf cash gasoline differentials were mostly stronger versus Thursday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.28/bbl, $5.79/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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