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NYMEX Friday Wrap: Oil steady as nat gas extends gain
HOUSTON, November 16, 2018 (PCW) — December NYMEX crude futures settled unchanged at $56.46/bbl. January Brent at the close of the NYMEX increased $0.19 at $66.77 bbl. The January Brent/WTI spread was widened at $10.09 bbl favoring Brent.
Prompt natural gas futures were up 23.4 cents at $4.272 mmBtu. December NYMEX RBOB futures closed at $1.5770 gal, up 2.04 cpg.
December gasoline differentials were mixed versus Thursday’s level.
A 4 CBOB 87 regular was lower at 10.75 cpg under the screen.
CBOB 87 was down at 10.75 cpg under the screen.
D4 CBOB 93 premium was steady 6.75 cpg over the screen.
CBOB 93 was unchanged at 6.75 over the screen.
RBOB was higher at 8.00 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $9.19 bbl, $7.54 /bbl under the screen. – John Troland