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NYMEX Friday Wrap: Crude, gasoline, nat gas close week with losses
HOUSTON, February 2, 2018 (PCW) — March NYMEX crude futures settled down $0.35/bbl at $65.45/bbl. April Brent at the close of the NYMEX decreased $0.96/bbl at $68.63 bbl.
The April Brent/WTI spread narrowed at $3.56/bbl favoring Brent. Prompt natural gas futures were down 1.0 cents at $2.846 mmBtu. March NYMEX RBOB futures closed at $1.8720 gal, down 2.38 cpg.
March gasoline differentials were mixed versus Thursday’s levels.
A4 CBOB 87 regular was stronger at 4.00 cpg under the screen.
CBOB 87 was up at 4.00 cpg under the screen.
D4 CBOB 93 premium was weaker at 8.00 cpg over the screen.
CBOB 93 was down at 8.00 over the screen.
RBOB was higher at 3.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.76 bbl, $6.96/bbl under the screen. – John Troland