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NYMEX Tuesday Wrap: Crude, gasoline rise, while nat gas declines
HOUSTON, October 24, 2017 (PCW) — December NYMEX crude futures settled up $0.57/bbl at $52.47/bbl. December Brent at the close of the NYMEX increased $0.84/bbl at $58.27/bbl.
The December Brent/WTI spread widened to $5.80/bbl favoring Brent. Prompt natural gas futures were down 1.7 cents at $2.974 mmBtu. November NYMEX RBOB futures closed at $1.7155 gal, up 3.72 cpg.
November gasoline differentials were mixed versus Monday’s levels.
A4 CBOB 87 regular was weaker at 6.25 cpg under the screen.
CBOB 87 was down at 6.25 cpg under the screen.
D4 CBOB 93 premium was stronger at 9.25 cpg over the screen.
CBOB 93 was up at 9.00 over the screen.
RBOB was softer at 6.00cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.28 bbl, $9.02/bbl under the screen. – John Troland