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NYMEX Friday Wrap: Crude, gasoline close week with gains; nat gas drops
HOUSTON, November 24, 2017 (PCW) — January NYMEX crude futures settled up $0.93/bbl at $58.95/bbl. January Brent at the close of the NYMEX increased $0.50/bbl at $63.77/bbl.
The January Brent/WTI spread narrowed to $4.86/bbl favoring Brent. Prompt natural gas futures were down 15.5 cents at $2.813 mmBtu. December NYMEX RBOB futures closed at $1.7880 gal, up 2.01 cpg.
December gasoline differentials were steady versus Wednesday’s levels.
A4 CBOB 87 regular was steady at 6.75 cpg under the screen.
CBOB 87 was steady at 6.75 cpg under the screen.
D4 CBOB 93 premium was steady at 1.25 cpg over the screen.
CBOB 93 was steady at 1.00 over the screen.
RBOB was steady at 6.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.46 bbl, $10.09/bbl under the screen. – John Troland