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NYMEX Friday Wrap: Crude closes week mixed as oil rises, gas drops
HOUSTON, September 14, 2018 (PCW) — October NYMEX crude futures settled up $0.40 at $68.99/bbl. November Brent at the close of the NYMEX decreased $0.02/bbl at $78.09/bbl.
Rhe November Brent/WTI spread narrowed to $9.32/bbl favoring Brent. Prompt natural gas futures were down 5 cents at $2.767/mmBtu. October NYMEX RBOB futures closed at $1.99702/gal, down 2.27 cpg.
October gasoline differentials were mixed versus Thursday’s level.
A3 CBOB 87 regular was stronger at 3.50 cpg under the screen.
CBOB 87 was up at 3.50 cpg under the screen.
D3 CBOB 93 premium was weaker at 12.50 cpg over the screen.
CBOB 93 was down at 12.50 over the screen.
RBOB rose to 4.25 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $10.97 bbl, $6.23/bbl under the screen. – John Troland