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NYMEX Friday Wrap: Crude, gasoline close week with losses
HOUSTON, January 27, 2017 (PCW) — February NYMEX crude futures settled down $0.61/bbl to $53.17/bbl. March Brent at the close of the NYMEX decreased $0.78/bbl to $55.44/bbl.
The March Brent/WTI spread narrowed to $2.27/bbl favoring Brent. Prompt natural gas futures were up 0.9 cents at $3.391/mmBtu. February NYMEX RBOB futures closed at $1.5271/gal, down 1.56 cpg.
January gasoline differentials were stronger versus Thursday’s levels.
A4 CBOB 87 regular was up at 2.50 cpg under the screen.
CBOB 87 was higher at 2.25 cpg under the screen.
D4 CBOB 93 premium was stronger at 12.75 cpg over the screen.
CBOB 93 rose to 13.00 cpg over the screen.
RBOB was higher at 1.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.05/bbl, $1.90/bbl under the screen. – John Troland