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NYMEX Friday Wrap: Crude, gasoline end week with gains; nat gas tumbles
HOUSTON, January 20, 2017 (PCW) — February NYMEX crude futures settled up $1.05/bbl to $52.42/bbl. March Brent at the close of the NYMEX increased $1.14/bbl to $55.38/bbl.
The March Brent/WTI spread widened to $2.16/bbl favoring Brent. Prompt natural gas futures were down 16.4 cents at $3.204/mmBtu. February NYMEX RBOB futures closed at $1.5660/gal, up 3.15 cpg.
January gasoline differentials were mostly weaker versus Thursday’s levels.
A4 CBOB 87 regular was lower at 6.00 cpg under the screen.
CBOB 87 was softer at 5.75 cpg under the screen.
D4 CBOB 93 premium was weaker at 11.50 cpg over the screen.
CBOB 93 was down at 11.75 cpg over the screen.
RBOB was steady at 3.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.38/bbl, $3.09/bbl under the screen. – John Troland