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NYMEX Tuesday Wrap: Crude, nat gas, gasoline stage rally
HOUSTON, April 4, 2017 (PCW) -- May NYMEX crude futures settled up $0.79/bbl to $51.03/bbl. June Brent at the close of the NYMEX increased $0.92/bbl to $54.06/bbl.
The June Brent/WTI spread widened to $2.55/bbl favoring Brent. Prompt natural gas futures were up 16.5 cents at $3.293/mmBtu. May NYMEX RBOB futures closed at $1.7217/gal, up 2.80 cpg.
May gasoline differentials were stronger versus Monday’s levels.
A2 CBOB 87 regular was higher at 10.75 cpg under the screen.
CBOB 87 was up at 10.50 cpg under the screen.
D2 CBOB 93 premium was stronger at 6.00 cpg over the screen.
CBOB 93 rose to 6.25 cpg over the screen.
RBOB was higher at 0.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $14.68/bbl, $5.79/bbl under the screen. -- John Troland