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NYMEX Thursday Wrap: Crude rises close to $48, nat gas drops 4.3 cents
HOUSTON, September 29, 2016 (PCW) — November NYMEX crude futures settled up $0.78/bbl, to $47.83. November Brent at the close of the NYMEX increased $0.61 to $49.22. The November Brent/WTI spread narrowed to $1.39/bbl favoring Brent. Prompt natural gas futures were down 4.3 cents at $2.959/mmBtu. October NYMEX RBOB futures closed at $1.4668 pg, down 1.09 cpg.
US Gulf cash gasoline differentials were lower versus Wednesday’s levels.
A3 CBOB 87 regular was lower at 1.50 cpg under the screen.
CBOB 87 was lower at 1.50 cpg under the screen.
D3 CBOB 93 premium was lower at 15.75 cpg over the screen.
CBOB 93 was lower at 15.75 cpg over the screen.
RBOB was lower at 2.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.42/bbl, $1.16 /bbl under the screen. – John Troland.