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NYMEX Thursday Wrap: Oil, nat gas, RBOB decline
HOUSTON, February 8, 2018 (PCW) — March NYMEX crude futures settled down $0.64/bbl at $61.15/bbl. April Brent at the close of the NYMEX decreased $0.72/bbl at $64.82 bbl. The April Brent/WTI spread narrowed at $3.88/bbl favoring Brent.
Prompt natural gas futures were down 0.5 cents at $2.697 mmBtu. March NYMEX RBOB futures closed at $1.7650 gal, down 0.10 cpg.
March gasoline differentials were lower versus Wednesday’s levels.
A4 CBOB 87 regular was lower at 3.00 cpg under the screen.
CBOB 87 was down at 3.00 cpg under the screen.
D4 CBOB 93 premium was lower at 10.00 cpg over the screen.
CBOB 93 was down at 10.00 over the screen.
RBOB was lower at 2.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.76 bbl, $6.41/bbl under the screen. – John Troland