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NYMEX Monday Wrap: Crude, gasoline soften; nat gas moves up
HOUSTON, March 26, 2018 (PCW) — May NYMEX crude futures settled down $0.33/bbl at $65.55/bbl. May Brent at the close of the NYMEX decreased $0.34/bbl at $70.15 bbl.
The May Brent/WTI spread narrowed at $4.60 bbl favoring Brent. Prompt natural gas futures were up 2.7 cents at $2.618 mmBtu.
April NYMEX RBOB futures closed at $2.0104 gal, down 2.32 cpg. April gasoline differentials were mixed versus Fri day’s levels.
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A2 CBOB 87 regular was steady at 16.75 cpg under the screen.
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CBOB 87 was steady at 16.75 cpg under the screen.
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D2 CBOB 93 premium was lower at 3.00 cpg over the screen.
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CBOB 93 was down at 3.00 over the screen.
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RBOB was higher at 6.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.41 bbl, $7.59/bbl under the screen. – John Troland
