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NYMEX Tuesday Wrap: Crude rises, nat gas futures decline
HOUSTON, April 11, 2017 (PCW) — May NYMEX crude futures settled up $0.32/bbl to $53.40/bbl. June Brent at the close of the NYMEX increased $0.20/bbl to $56.18/bbl. The June Brent/WTI spread narrowed to $2.39/bbl favoring Brent.
Prompt natural gas futures were down 8.8 cents at $3.150/mmBtu. May NYMEX RBOB futures closed at $1.7577/gal, down 0.04 cpg.
May gasoline differentials were mixed versus Monday’s levels.
2 CBOB 87 regular was lower at 13.25 cpg under the screen.
BOB 87 was lower at 9.25 cpg under the screen.
2 CBOB 93 premium was up at 4.50 cpg over the screen.
BOB 93 was higher at 8.50 cpg over the screen.
BOB was lower at 2.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $13.40/bbl, $5.52/bbl under the screen. – John Troland