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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with losses
HOUSTON, April 17, 2017 (PCW) — May NYMEX crude futures settled down $0.53/bbl to $52.65/bbl. June Brent at the close of the NYMEX decreased $0.47/bbl to $55.36/bbl.
The June Brent/WTI spread widened to $2.25/bbl favoring Brent. Prompt natural gas futures were down 6.4 cents at $3.163/mmBtu. May NYMEX RBOB futures closed at $1.7196/gal, down 1.53 cpg.
May gasoline differentials were weaker versus Thursday’s levels.
2 CBOB 87 regular was softer at 14.25 cpg under the screen.
BOB 87 was down at 10.50 cpg under the screen.
2 CBOB 93 premium was weaker at 3.00 cpg over the screen.
BOB 93 was down at 6.75 cpg over the screen.
BOB fell to 3.75 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.60/bbl, $5.76/bbl under the screen. – John Troland