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NYMEX Friday Wrap: Crude, gasoline close week with gains; nat gas nearly flat
HOUSTON, March 31, 2017 (PCW) — May NYMEX crude futures settled up $0.25/bbl to $50.60/bbl. May Brent at the close of the NYMEX decreased $0.15/bbl to $52.85/bbl.
The May Brent/WTI spread narrowed to $2.25/bbl favoring Brent. Prompt natural gas futures were down 0.1 cents at $3.190/mmBtu. April NYMEX RBOB futures closed at $1.7001/gal, up 1.89 cpg.
April gasoline differentials were weaker versus Thursday’s levels.
2 CBOB 87 regular was softer at 12.50 cpg under the screen.
BOB 87 was down at 12.25 cpg under the screen.
2 CBOB 93 premium was weaker at 4.00 cpg over the screen.
BOB 93 fell to 4.25 cpg over the screen.
BOB was lower at 2.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $14.43/bbl, $5.30/bbl under the screen. – John Troland