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NYMEX Monday Wrap: Crude, gasoline open week with gains; nat gas softens
HOUSTON, April 9, 2018 (PCW) — May NYMEX crude futures settled up $1.36/bbl at $63.42/bbl. June Brent at the close of the NYMEX increased $1.55/bbl at $68.64 bbl.
The June Brent/WTI spread widened at $5.20 bbl favoring Brent. Prompt natural gas futures were down 0.8 cents at $2.693 mmBtu. May NYMEX RBOB futures closed at $1.9842 gal, up 2.95 cpg.
April gasoline differentials were mostly weaker versus Friday’s level.
A2 CBOB 87 regular was softer at 15.50 cpg under the screen.
CBOB 87 was down at 11.00 cpg under the screen.
D2 CBOB 93 premium was weaker at 2.75 cpg over the screen.
CBOB 93 fell to 7.25 over the screen.
RBOB was steady at 5.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.92 bbl, $7.17/bbl under the screen. – John Troland