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NYMEX Tuesday Wrap: Crude, gasoline make gains; nat gas softens
HOUSTON, December 26, 2017 (PCW) — January NYMEX crude futures settled up $1.50/bbl at $59.97/bbl. February Brent at the close of the NYMEX Increased $1.71/bbl at $66.94bbl.
The February Brent/WTI spread widened to $6.94/bbl favoring Brent. Prompt natural gas futures were down 2.4 cents at $2.643 mmBtu. January NYMEX RBOB futures closed at $1.7866 gal, up 2.43 cpg.
January gasoline differentials were weaker versus Friday’s levels.
A4 CBOB 87 regular was softer at 4.50 cpg under the screen.
CBOB 87 was down at 4.50 cpg under the screen.
D4 CBOB 93 premium was lower at 5.75 cpg over the screen.
CBOB 93 was weaker at 5.75 over the screen.
RBOB fell to 3.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.27 bbl, $7.35/bbl under the screen. – John Troland