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NYMEX Thursday Wrap: Oil tops $57, nat gas drops
HOUSTON, December 14, 2017 (PCW) — January NYMEX crude futures settled up $0.44/bbl at $57.04/bbl. February Brent at the close of the NYMEX Increased $0.68/bbl at $63.08/bbl. The February Brent/WTI spread widened to $6.00/bbl favoring Brent.
Prompt natural gas futures were down 3.1 cents at $2.684 mmBtu. January NYMEX RBOB futures closed at $1.6707 gal, up 2.40 cpg.
January gasoline differentials were mixed versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 6.25 cpg under the screen.
CBOB 87 was up at 6.25 cpg under the screen.
D4 CBOB 93 premium was steady at 3.50 cpg over the screen.
CBOB 93 was steady at 3.50 over the screen.
RBOB was lower at 7.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $6.83 bbl, $9.65/bbl under the screen. – John Troland