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NYMEX Thursday Wrap: Crude, nat gas, gasoline see slight rally
HOUSTON, September 15 2016 (PCW) — October NYMEX crude futures settled up $0.33/bbl to $43.91/bbl. November Brent at the close of the NYMEX increased $0.66/bbl to $46.52/bbl.
The November Brent/WTI spread widened to $2.00/bbl favoring Brent. Prompt natural gas futures were up 3.8 cents at $2.927/mmBtu. October NYMEX RBOB futures closed at $1.4302/gal, up 6.87 cpg.
US Gulf cash gasoline differentials were stronger versus Wednesday’s levels.
A3 CBOB 87 regular was up at 6.25 cpg under the screen.
CBOB 87 was higher at 6.00 cpg under the screen.
D3 CBOB 93 premium was stronger at 13.25 cpg over the screen.
CBOB 93 rose to 13.25 cpg over the screen.
RBOB was higher at 5.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.05/bbl, $2.91/bbl under the screen. – John Troland