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NYMEX Tuesday Wrap: Crude mixed; nat gas, gasoline rally
HOUSTON, February 13, 2018 (PCW) — March NYMEX crude futures settled down $0.10/bbl at $59.19/bbl. April Brent at the close of the NYMEX increased $0.01/bbl at $62.65 bbl.
The April Brent/WTI spread widened at $3.62/bbl favoring Brent. Prompt natural gas futures were up 4.2 cents at $2.594 mmBtu. March NYMEX RBOB futures closed at $1.6853 gal, up 0.68 cpg.
March gasoline differentials were softer versus Monday’s levels.
A4 CBOB 87 regular was weaker at 4.00 cpg under the screen.
CBOB 87 was down at 4.00 cpg under the screen.
D4 CBOB 93 premium was lower at 8.25 cpg over the screen.
CBOB 93 was down at 8.25 over the screen.
RBOB fell to 3.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.70 bbl, $5.02/bbl under the screen. – John Troland