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NYMEX Wednesday wrap: Oil, nat gas inch higher.
HOUSTON, April 25, 2018 (PCW) — June NYMEX crude futures settled up $0.35/bbl at $68.05/bbl. June Brent at the close of the NYMEX increased $0.09/bbl at $74.04 bbl. The June Brent/WTI spread narrowed at $5.99 bbl favoring Brent.
Prompt natural gas futures were up 0.5 cents at $2.786 mmBtu. May NYMEX RBOB futures closed at $2.0897 gal, down 0.52 cpg.
April gasoline differentials were mostly lower versus Tuesday’s level.
A2 CBOB 87 regular was lower at 13.50 cpg under the screen.
CBOB 87 was down at 8.25 cpg under the screen.
D2 CBOB 93 premium was lower at 4.75 cpg over the screen.
CBOB 93 was down at 11.00 over the screen.
RBOB was steady at 2.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.68 bbl, $6.74/bbl under the screen. – John Troland