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NYMEX Friday Wrap: Oil, nat gas end week with declines
HOUSTON, January 5, 2018 (PCW) — February NYMEX crude futures settled down $0.57/bbl at $61.44/bbl. February Brent at the close of the NYMEX decreased $0.41/bbl at $67.68bbl. The February Brent/WTI spread widened to $6.24/bbl favoring Brent.
Prompt natural gas futures were down 8.5 cents at $2.795 mmBtu. February NYMEX RBOB futures closed at $1.7858 gal, down 2.09 cpg.
February gasoline differentials were mostly lower versus Thursday’s levels.
A4 CBOB 87 regular was lower 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 5.50 cpg over the screen.
CBOB 93 was down at 5.50 over the screen.
RBOB was higher at 2.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.67 bbl, $7.71/bbl under the screen. – John Troland