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NYMEX Thursday Wrap: Oil edges higher, gas drops
HOUSTON, November 30, 2017 (PCW) — January NYMEX crude futures settled uo $0.10/bbl at $57.40/bbl. January Brent at the close of the NYMEX increased $0.49/bbl at $63.69/bbl.
The January Brent/WTI spread widened to $6.29/bbl favoring Brent. Prompt natural gas futures were down 15.4 cents at $3.025 mmBtu. December NYMEX RBOB futures closed at $1.7284 gal, down 0.25 cpg.
December gasoline differentials were higher versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 4.00 cpg under the screen.
CBOB 87 was higher at 4.00 cpg under the screen.
D4 CBOB 93 premium was higher at 3.75 cpg over the screen.
CBOB 93 was higher at 3.75 over the screen.
RBOB was higher at 2.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.38 bbl, $9.21/bbl under the screen. – John Troland