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NYMEX Wednesday Wrap: Crude, gasoline drop; nat gas extends gains
HOUSTON, March, 2017 (PCW) — April NYMEX crude futures settled down $0.18/bbl to $53.83/bbl. May Brent at the close of the NYMEX decreased $0.15/bbl to $56.35/bbl.
The May Brent/WTI spread narrowed to $2.07/bbl favoring Brent. Prompt natural gas futures were up 2.5 cents at $2.799/mmBtu. April NYMEX RBOB futures closed at $1.6780/gal, down 5.14 cpg.
April gasoline differentials were softer versus Tuesday’s levels.
A3 CBOB 87 regular was down at 18.25 cpg under the screen.
CBOB 87 was weaker at 18.00 cpg under the screen.
D3 CBOB 93 premium was lower at 1.00 cpg under the screen.
CBOB 93 fell to 0.75 cpg under the screen.
RBOB was down at 15.75 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $9.14/bbl, $6.75/bbl under the screen. – John Troland