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NYMEX Tuesday Wrap: Crude opens week with gains, nat gas, gasoline slip
HOUSTON, January 16, 2018 (PCW) — February NYMEX crude futures settled down $0.57/bbl at $63.73/bbl. February Brent at the close of the NYMEX decreased $0.48/bbl at $69.40 bbl.
The February Brent/WTI spread widened to $5.67/bbl favoring Brent. Prompt natural gas futures were down 7.1 cents at $3.129 mmBtu. February NYMEX RBOB futures closed at $1.8384 gal, down 1.11 cpg.
February gasoline differentials were stronger versus Friday’s levels.
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A4 CBOB 87 regular was higher at 3.00 cpg under the screen.
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CBOB 87 was up at 3.50 cpg under the screen.
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D4 CBOB 93 premium was stronger at 8.50 cpg over the screen.
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CBOB 93 was up at 8.50 over the screen.
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RBOB rose to 1.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.14 bbl, $7.54/bbl under the screen. – John Troland
