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NYMEX Wednesday Wrap: Crude rises more than $1, nat gas up 4.3 cts
HOUSTON, March 15, 2017 (PCW) — April NYMEX crude futures settled up $1.14/bbl to $48.86/bbl. May Brent at the close of the NYMEX increased $0.98/bbl to $51.85/bbl. The May Brent/WTI spread narrowed to $2.47/bbl favoring Brent.
Prompt natural gas futures were up 4.3 cents at $2.981/mmBtu.
April NYMEX RBOB futures closed at $1.5834/gal, down 0.01 cpg. April gasoline differentials were mixed versus Tuesday’s levels.
2 CBOB 87 regular was higher at 13.75 cpg under the screen.
BOB 87 was higher at 13.50 cpg under the screen.
2 CBOB 93 premium was lower at 1.75 cpg under the screen.
BOB 93 was lower at 1.50 cpg under the screen.
BOB was higher at 2.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $10.80/bbl, $5.85/bbl under the screen. – John Troland