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NYMEX Friday Wrap: Crude , gasoline close week with losses; nat gas continues climb
HOUSTON, November 25, 2016 (PCW) -- January NYMEX crude futures settled down $1.90/bbl to $46.06/bbl. January Brent decreased $1.71/bbl to $47.24/bbl.
The January Brent/WTI spread remained at $1.07/bbl favoring Brent. Prompt natural gas futures were up 5.9 cents at $3.026/mmBtu. December NYMEX RBOB futures closed at $1.3727/gal, down 4.90 cpg.
November gasoline differentials were stronger versus Wednesday’s levels.
A4 CBOB 87 regular was up at 9.50 cpg under the screen.
CBOB 87 was higher at 9.00 cpg under the screen.
D4 CBOB 93 premium rose to 8.50 cpg over the screen.
CBOB 93 was higher at 9.00 cpg over the screen.
RBOB was up at 8.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.92/bbl, $3.34/bbl under the screen. -- John Troland