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NYMEX Friday Wrap: Crude, nat gas, gasoline close week with rally
HOUSTON, August 12, 2016 (PCW) — September NYMEX crude futures settled up $1.00/bbl to $44.49/bbl. October Brent at the close of the NYMEX increased $0.83/bbl to $46.87/bbl.
The September Brent/WTI spread narrowed to $1.69/bbl favoring Brent. Prompt natural gas futures were up 3.5 cents at $2.586/mmBtu. September NYMEX RBOB futures closed at $1.3709/gal, up 0.92 cpg.
US Gulf cash gasoline differentials were mostly stronger versus Thursday’s levels.
A2 CBOB 87 regular was higher at 4.00 cpg under the screen.
CBOB 87 was stronger at 0.25 cpg under the screen.
D2 CBOB 93 premium was up at 7.50 cpg over the screen.
CBOB 93 rose to 13.25 cpg over the screen.
RBOB was weaker at 0.50 cpg over the screen.
The 3-2-1 crack in the Gulf Coast was $10.01/bbl, $3.61/bbl under the screen. – John Troland
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