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NYMEX Tuesday Wrap: Oil drops close to $66, gas falls
HOUSTON, October 30, 2018 (PCW) — December NYMEX crude futures settled down $0.86 at $66.18/bbl. December Brent at the close of the NYMEX decreased $1.44 at $75.91 bbl. the December Brent/WTI spread narrowed to $9.73 bbl favoring Brent.
Prompt natural gas futures were was down 1.1 cents at $3.187 mmBtu. November NYMEX RBOB futures closed at $1.8059 gal, up 1.90 cpg.
November gasoline differentials were higher versus Monday’s level.
A 4 CBOB 87 regular was higher at 4.85 cpg under the screen.
CBOB 87 was up at 4.85 cpg under the screen.
D4 CBOB 93 premium was higher at 7.15 cpg over the screen.
CBOB 93 was up at 7.15 over the screen.
RBOB was higher at 3.85 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $10.57 bbl, $5.55 /bbl under the screen. – John Troland