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NYMEX Wednesday Wrap: Crude, nat gas, gasoline make gains
HOUSTON, April 11, 2018 (PCW) — May NYMEX crude futures settled up $1.31/bbl at $66.82/bbl. June Brent at the close of the NYMEX increased $1.09/bbl at $72.10 bbl.
The June Brent/WTI spread narrowed at $5.36 bbl favoring Brent. Prompt natural gas futures were up 1.9 cents at $2.675 mmBtu. May NYMEX RBOB futures closed at $2.0676 gal, up 2.67 cpg.
April gasoline differentials were stronger versus Tuesday’s level.
A2 CBOB 87 regular was higher at 12.75 cpg under the screen.
CBOB 87 was up at 8.25 cpg under the screen.
D2 CBOB 93 premium was stronger at 5.00 cpg over the screen.
CBOB 93 rose to at 9.50 over the screen.
RBOB was higher at 3.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.98 bbl, $6.39/bbl under the screen. – John Troland