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NYMEX Wednesday Wrap: Crude is mixed; gasoline rises, nat gas falls
HOUSTON, October 25, 2017 (PCW) — December NYMEX crude futures settled down $0.29/bbl at $52.18/bbl. December Brent at the close of the NYMEX increased $0.05/bbl at $58.32/bbl.
The December Brent/WTI spread widened to $6.14/bbl favoring Brent. Prompt natural gas futures were down 5.5 cents at $2.919 mmBtu. November NYMEX RBOB futures closed at $1.7348 gal, up 1.93 cpg.
November gasoline differentials were mixed versus Tuesday’s levels.
A4 CBOB 87 regular was stronger at 5.25 cpg under the screen.
BOB 87 was up at 5.00 cpg under the screen.
4 CBOB 93 premium was weaker at 8.75 cpg over the screen.
BOB 93 was down at 8.25 over the screen.
BOB was higher at 5.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $13.24 bbl, $8.85/bbl under the screen. – John Troland