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NYMEX Friday Wrap: Crude, nat gas, gasoline finish week with gains
HOUSTON, March 3, 2017 (PCW) — April NYMEX crude futures settled up $0.72/bbl to $53.33/bbl. May Brent at the close of the NYMEX increased $0.66/bbl to $55.78/bbl.
The May Brent/WTI spread narrowed to $2.00/bbl favoring Brent. Prompt natural gas futures were up 2.3 cents at $2.827/mmBtu. April NYMEX RBOB futures closed at $1.6531/gal, up 0.98 cpg.
April gasoline differentials were mixed versus Thursday’s levels.
A3 CBOB 87 regular was weaker at 20.00 cpg under the screen.
CBOB 87 was softer at 19.75 cpg under the screen.
D3 CBOB 93 premium was stronger at 0.00 cpg to the screen.
CBOB 93 was up at 0.25 cpg over the screen.
RBOB was down at 17.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $8.13/bbl, $7.14/bbl under the screen. – John Troland