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NYMEX Tuesday Wrap: Crude, gasoline rally; nat gas deepens losses
HOUSTON, December 5, 2017 (PCW) -- January NYMEX crude futures settled up $0.15/bbl at $57.62/bbl. February Brent at the close of the NYMEX increased $0.24/bbl to $62.63/bbl. The February Brent/WTI spread widened to $5.20/bbl favoring Brent.
Prompt natural gas futures were down 7.1 cents at $2.914/mmBtu. January NYMEX RBOB futures closed at $1.7184/gal, up 2.62 cpg.
January gasoline differentials were mixed versus Monday’s levels.
A4 CBOB 87 regular was stronger at 4.25 cpg under the screen.
CBOB 87 was higher at 4.25 cpg under the screen.
D4 CBOB 93 premium was weaker at 3.75 cpg over the screen.
CBOB 93 was softer at 3.75 over the screen.
RBOB was up at 2.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.09/bbl, $9.20/bbl under the screen. -- John Troland