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NYMEX Wednesday Wrap: Crude, nat gas, gasoline see gains
HOUSTON, September12, 2018 (PCW) — October NYMEX crude futures settled up $1.12 at $70.37/bbl. November Brent at the close of the NYMEX increased $0.67/bbl at $79.75/bbl.
The November Brent/WTI spread narrowed to $9.59/bbl favoring Brent. Prompt natural gas futures were up 0.1 cents at $2.829/mmBtu. October NYMEX RBOB futures closed at $2.0348/gal, up 2.06 cpg.
October gasoline differentials were weaker versus Tuesday’s levels.
A3 CBOB 87 regular was softer at 2.75 cpg under the screen.
CBOB 87 was down at 2.75 cpg under the screen.
D3 CBOB 93 premium was weaker at 13.00 cpg over the screen.
CBOB 93 was down at 13.00 over the screen.
RBOB fell to 3.75 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $12.21 bbl, $6.00 /bbl under the screen. – John Troland