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NYMEX Thursday Wrap: Crude oil rises, nat gas climbs 13 cents
HOUSTON, October 13, 2016 (PCW) — November NYMEX crude futures settled up $0.26/BBL, to $50.44. Brent at the close of the NYMEX increased $0.16 to $52.03. The December Brent/WTI spread narrowed to $1.18/bbl favoring Brent.
Prompt natural gas futures were up 13.1 cents at $3.341/mmBtu. November NYMEX RBOB futures closed at $1.4818 pg, up 1.99 cpg.
October gasoline differentials were higher versus Wednesday’s levels.
A3 CBOB 87 regular was higher at 1.75 cpg under the screen.
CBOB 87 was higher at 2.00 cpg under the screen.
D3 CBOB 93 premium was higher at 16.25 cpg over the screen.
CBOB 93 was lower at 16.00 cpg over the screen.
RBOB was lower at 0.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.38/bbl, $1.78 /bbl under the screen. – John Troland.