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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with losses
HOUSTON, May 1, 2017 (PCW) — June NYMEX crude futures settled down $0.49/bbl to $48.84/bbl. July Brent at the close of the NYMEX decreased $0.48/bbl at $51.57/bbl.
The July Brent/WTI spread narrowed to $2.41/bbl favoring Brent. Prompt natural gas futures were down 6.1 cents at $3.215/mmBtu. June NYMEX RBOB futures closed at $1.5272/gal, down 2.09 cpg.
June gasoline differentials were weaker versus Friday’s levels.
2 CBOB 87 regular was softer at 13.25 cpg under the screen.
BOB 87 was down at 8.50 cpg under the screen.
2 CBOB 93 premium was lower at 6.00 cpg over the screen.
BOB 93 was weaker at 10.75 cpg over the screen.
BOB fell to 2.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $9.44/bbl, $5.31/bbl under the screen. – John Troland