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NYMEX Tuesday Wrap: Crude, nat gas, gasoline extend losses
HOUSTON, April 18, 2017 (PCW) — May NYMEX crude futures settled down $0.24/bbl to $52.41/bbl. June Brent at the close of the NYMEX decreased $0.37/bbl to $54.99/bbl.
The June Brent/WTI spread narrowed to $2.14/bbl favoring Brent. Prompt natural gas futures were down 1.8 cents at $3.145/mmBtu. May NYMEX RBOB futures closed at $1.7110/gal, down 0.86 cpg.
May gasoline differentials were stronger versus Monday’s levels.
A2 CBOB 87 regular was up at 14.00 cpg under the screen.
BOB 87 was stronger at 10.00 cpg under the screen.
2 CBOB 93 premium was higher at 3.25 cpg over the screen.
BOB 93 rose to 7.25 cpg over the screen.
BOB was stronger at 3.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.53/bbl, $5.67/bbl under the screen. – John Troland