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NYMEX Thursday Wrap: Crude, nat gas, gasoline close with gains
HOUSTON, November 2, 2017 (PCW) — December NYMEX crude futures settled up $0.24/bbl at $54.54/bbl. January Brent at the close of the NYMEX increased $0.18/bbl at $60.80/bbl.
The January Brent/WTI spread narrowed to $6.03/bbl favoring Brent. Prompt natural gas futures were up 4.2 cents at $2.935 mmBtu. December NYMEX RBOB futures closed at $1.7697 gal, up 2.87 cpg.
November gasoline differentials were weaker versus Wednesday’s levels.
A4 CBOB 87 regular was softer at 2.50 cpg under the screen.
CBOB 87 was down at 2.50 cpg under the screen.
D4 CBOB 93 premium was weaker at 8.25 cpg over the screen.
CBOB 93 fell to 8.00 over the screen.
RBOB was lower at 2.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.65 bbl, $8.32/bbl under the screen. – John Troland