New York—The oil complex rallied Thursday as a slowdown in US refinery activity boosted refined product futures, while continued fighting in Yemen pushed crude futures higher. NYMEX May RBOB closed at $1.9956/gal, up 7.11 cents—or the per barrel equivalent of around $2.99/b—outpacing the rise in crude futures. NYMEX May ULSD settled 5.31 cents higher at $1.9239/gal.
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