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NYMEX Tuesday Wrap: Crude, nat gas, gasoline deepen losses
HOUSTON, November 14, 2017 (PCW) — December NYMEX crude futures settled down $1.06/bbl at $55.70/bbl. January Brent at the close of the NYMEX decreased $1.08/bbl at $62.09/bbl.
The January Brent/WTI spread remained at $6.20/bbl favoring Brent. Prompt natural gas futures were down 6.5 cents at $3.102 mmBtu. December NYMEX RBOB futures closed at $1.7612 gal, down 3.17 cpg.
December gasoline differentials were weaker versus Monday’s levels.
A4 CBOB 87 regular was softer at 7.00 cpg under the screen.
CBOB 87 was down at 7.00 cpg under the screen.
D4 CBOB 93 premium fell to 4.50 cpg over the screen.
CBOB 93 was down at 4.25 over the screen.
RBOB was weaker at 6.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.49 bbl, $9.82/bbl under the screen. – John Troland