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NYMEX Tuesday Wrap: Crude, gasoline soften; nat gas rises
HOUSTON, January 30, 2018 (PCW) — March NYMEX crude futures settled down $1.06/bbl at $64.50/bbl. March Brent at the close of the NYMEX decreased $0.58/bbl at $68.93 bbl.
The March Brent/WTI spread widened at $4.43/bbl favoring Brent. Prompt natural gas futures were up 2.8 cents at $3.195 mmBtu. February NYMEX RBOB futures closed at $1.8954 gal, down 3.95 cpg.
February gasoline differentials were weaker versus Monday’s levels.
A4 CBOB 87 regular was softer at 6.25 cpg under the screen.
CBOB 87 was down at 6.25 cpg under the screen.
D4 CBOB 93 premium was lower at 7.25 cpg over the screen.
CBOB 93 was down at 7.25 over the screen.
RBOB fell to 5.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.91 bbl, $7.57/bbl under the screen. – John Troland