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NYMEX Tuesday Wrap: Crude, gasoline rebound; nat gas probes lower
HOUSTON, April 25, 2017 (PCW) — June NYMEX crude futures settled up $0.33/bbl to $49.56/bbl. June Brent at the close of the NYMEX increased $0.40/bbl at $52.03/bbl.
The June Brent/WTI spread widened to $2.47/bbl favoring Brent. Prompt natural gas futures were down 2.3 cents at $3.043/mmBtu. May NYMEX RBOB futures closed at $1.6230/gal, up 0.16 cpg.
May gasoline differentials were mostly weaker versus Monday’s levels.
2 CBOB 87 regular was softer at 14.25 cpg under the screen.
BOB 87 was down at 9.00 cpg under the screen.
2 CBOB 93 premium was weaker at 4.25 cpg over the screen.
BOB 93 fell to 9.50 cpg over the screen.
BOB was steady at 3.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.30/bbl, $5.58/bbl under the screen. – John Troland