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NYMEX Monday Wrap: Crude opens week with gains; gasoline, nat gas decline
HOUSTON, October 30, 2017 (PCW) — December NYMEX crude futures settled up $0.25/bbl at $54.15/bbl. December Brent at the close of the NYMEX increased $0.18/bbl at $60.62/bbl.
The December Brent/WTI spread narrowed to $6.47/bbl favoring Brent. Prompt natural gas futures were down 0.2 cents at $2.966 mmBtu. November NYMEX RBOB futures closed at $1.7641 gal, down 0.45 cpg.
November gasoline differentials were mixed versus Friday’s levels.
A4 CBOB 87 regular was steady at 7.75 cpg under the screen.
CBOB 87 was up at 7.25 cpg under the screen.
D4 CBOB 93 premium was weaker at 3.25 cpg over the screen.
CBOB 93 was stronger at 3.75 over the screen.
RBOB was steady at 6.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.97 bbl, $9.76/bbl under the screen. – John Troland