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NYMEX Friday Wrap: Oil, nat gas end week with a gain
HOUSTON, December 1, 2017 (PCW) — January NYMEX crude futures settled up $0.96/bbl at $58.36/bbl. Febuary Brent at the close of the NYMEX increased $1.14/bbl at $63.77/bbl.
The Febuary Brent/WTI spread widened to $5.39/bbl favoring Brent. Prompt natural gas futures were up 3.6 cents at $3.061 mmBtu. January NYMEX RBOB futures closed at $1.7416 gal, up 1.16 cpg.
January gasoline differentials were mixed versus Thursday’s levels.
A4 CBOB 87 regular was lower at 4.50 cpg under the screen.
CBOB 87 was lower at 4.50 cpg under the screen.
D4 CBOB 93 premium was higher at 4.00 cpg over the screen.
CBOB 93 was higher at 4.00 over the screen.
RBOB was higher at 1.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.26 bbl, $9.32/bbl under the screen. – John Troland