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NYMEX Thursday Wrap: Crude posts mixed results; nat gas gains, gasoline softens
HOUSTON, April 12, 2018 (PCW) -- May NYMEX crude futures settled up $0.25/bbl at $67.07/bbl. June Brent at the close of the NYMEX decreased $0.05/bbl to $72.05/bbl.
The June Brent/WTI spread narrowed to $5.10/bbl favoring Brent. Prompt natural gas futures were up 1.1 cents at $2.686/mmBtu. May NYMEX RBOB futures closed at $2.0546/gal, down 1.30 cpg.
April gasoline differentials were stronger versus Wednesday’s levels.
A2 CBOB 87 regular was higher at 11.75 cpg under the screen.
CBOB 87 was up at 7.00 cpg under the screen.
D2 CBOB 93 premium was stronger at 6.25 cpg over the screen.
CBOB 93 rose to 10.75 cpg over the screen.
RBOB was higher at 2.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.50/bbl, $6.13/bbl under the screen. -- John Troland