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NYMEX Thursday Wrap: WTI, nat gas falter; gasoline surges
HOUSTON, April 20, 2017 (PCW) — May NYMEX crude futures settled down $0.17/bbl to $50.27/bbl. June Brent at the close of the NYMEX was unchanged at $52.89/bbl.
The June Brent/WTI spread widened to $2.18/bbl favoring Brent. Prompt natural gas futures were down 2.6 cents at $3.159/mmBtu. May NYMEX RBOB futures closed at $1.6705/gal, up 1.15 cpg.
May gasoline differentials were mostly stronger versus Wednesday’s levels.
2 CBOB 87 regular rose to 13.25 cpg under the screen.
BOB 87 was up at 8.00 cpg under the screen.
2 CBOB 93 premium was stronger at 4.25 cpg over the screen.
BOB 93 was up at 9.50 cpg over the screen.
BOB was weaker at 2.75 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $13.23/bbl, $5.38/bbl under the screen. – John Troland