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NYMEX Thursday Wrap: Crude, nat gas, gasoline stumble
HOUSTON, April 27, 2017 (PCW) — June NYMEX crude futures settled down $0.65/bbl to $48.97/bbl. June Brent at the close of the NYMEX decreased $0.51/bbl at $51.31/bbl.
The June Brent/WTI spread widened to $2.34/bbl favoring Brent. Prompt natural gas futures were down 3.2 cents at $3.239/mmBtu. May NYMEX RBOB futures closed at $1.5500/gal, down 4.03 cpg.
May gasoline differentials were mostly stronger versus Wednesday’s levels.
2 CBOB 87 regular was higher at 12.50 cpg under the screen.
BOB 87 was up at 7.25 cpg under the screen.
2 CBOB 93 premium was stronger at 6.00 cpg over the screen.
BOB 93 rose to 11.25 cpg over the screen.
BOB was softer at 2.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $10.77/bbl, $5.12/bbl under the screen. – John Troland