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NYMEX Friday Wrap: Oil rises 22 cts, nat gas drops 14.8 cts
HOUSTON, October 21, 2016 (PCW) -- November NYMEX crude futures settled up $0.22 BBL, to $50.85. Brent at the close of the NYMEX increased $0.43 to $51.82. The December Brent/WTI spread widened to to $1.27/bbl favoring Brent.
Prompt natural gas futures were down 14.8 cents at $2.993/mmBtu. November NYMEX RBOB futures closed at $1.5314 pg, up3.77 cpg.
October gasoline differentials were higher versus Thursday’s levels.
A3 CBOB 87 regular was higher at 7.00 cpg under the screen.
CBOB 87 was higher at 6.75 cpg under the screen.
D3 CBOB 93 premium was higher at 11.00 cpg over the screen.
CBOB 93 was higher at 11.25 cpg over the screen.
RBOB was higher at 4.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.48/bbl, $3.19 /bbl under the screen. – John Troland.