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NYMEX Thursday Wrap: Crude, nat gas, gasoline make gains
HOUSTON, January 11, 2018 (PCW) — February NYMEX crude futures settled up $0.23/bbl at $63.80/bbl. February Brent at the close of the NYMEX increased $0.02/bbl at $69.34 bbl.
The February Brent/WTI spread narrowed to $5.54/bbl favoring Brent. Prompt natural gas futures were up 17.8 cents at $3.084 mmBtu. February NYMEX RBOB futures closed at $1.8370 gal, up 0.43 cpg.
February gasoline differentials were steady to stronger versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 3.50 cpg under the screen.
CBOB 87 was up at 3.50 cpg under the screen.
D4 CBOB 93 premium was steady at 7.00 cpg over the screen.
CBOB 93 was steady at 7.00 over the screen.
RBOB rose to 2.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.14 bbl, $7.57/bbl under the screen. – John Troland