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NYMEX Friday Wrap: Oil tops $66 as nat gas, RBOB also climb
HOUSTON, January 26, 2018 (PCW) — March NYMEX crude futures settled up $0.63/bbl at $66.14/bbl. March Brent at the close of the NYMEX increased $0.22/bbl at $70.68 bbl. The March Brent/WTI spread narrowed at $4.54/bbl favoring Brent.
Prompt natural gas futures were up 5.8 cents at $3.505 mmBtu. February NYMEX RBOB futures closed at $1.9377 gal, up 2.25 cpg.
February gasoline differentials were mixed versus Thursday’s levels.
A4 CBOB 87 regular was lower at 3.50 cpg under the screen.
CBOB 87 was down at 3.50 cpg under the screen.
D4 CBOB 93 premium was higher at 9.25 cpg over the screen.
CBOB 93 was up at 9.25 over the screen.
RBOB was lower at 3.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.14 bbl, $6.78/bbl under the screen. – John Troland