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NYMEX Tuesday Wrap: Crude opens week with losses; nat gas jumps on cold
HOUSTON, January 2, 2018 (PCW) — February NYMEX crude futures settled down $0.05/bbl at $60.37/bbl. February Brent at the close of the NYMEX decreased $0.29/bbl at $66.56bbl.
The February Brent/WTI spread narrowed to $6.19/bbl favoring Brent. Prompt natural gas futures were up 10.3 cents at $3.056 mmBtu. February NYMEX RBOB futures closed at $1.7631 gal, down 3.27 cpg.
February gasoline differentials were mostly stronger versus Friday’s levels.
A4 CBOB 87 regular was higher at 4.75 cpg under the screen.
CBOB 87 was up at 4.75 cpg under the screen.
D4 CBOB 93 premium was stronger at 5.75 cpg over the screen.
CBOB 93 rose to 5.75 over the screen.
RBOB was weaker at 4.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.97 bbl, $7.84/bbl under the screen. – John Troland