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NYMEX Tuesday Wrap: Oil steady, nat gas declines
HOUSTON, October 3, 2017 (PCW) — November NYMEX crude futures settled down $0.16/bbl at $50.42/bbl. December Brent at the close of the NYMEX increased $0.01/bbl at $56.12/bbl. The December Brent/WTI spread widened to $5.38/bbl favoring Brent.
Prompt natural gas futures were down 2.1 cents at $ 2.895 mmBtu. November NYMEX RBOB futures closed at $1.5655 gal, up 1.02 cpg.
November gasoline differentials were lower versus Monday’s levels.
A3 CBOB 87 regular was lower at 2.75 cpg under the screen.
CBOB 87 was down at 2.50 cpg under the screen.
D3 CBOB 93 premium was lower at 12.25 cpg over the screen.
CBOB 93 was down at 12.00 over the screen.
RBOB was lower at 3.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.50 bbl, $7.87/bbl under the screen. – John Troland