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NYMEX Tuesday Wrap: Crude, gasoline, nat gas soften
HOUSTON, September 26, 2017 (PCW) — November NYMEX crude futures settled down $0.34/bbl at $51.88/bbl. November Brent at the close of the NYMEX decreased $0.80/bbl at $58.97/bbl.
The November Brent/WTI spread narrowed to $6.29/bbl favoring Brent. Prompt natural gas futures were down 0.01 cents at $ 2.918 mmBtu. October NYMEX RBOB futures closed at $1.6988 gal, down 2.32 cpg.
October gasoline differentials were mixed versus Monday’s levels.
A3 CBOB 87 regular was stronger at 4.00 cpg under the screen.
CBOB 87 was up at 4.00 cpg under the screen.
D3 CBOB 93 premium was weaker at 11.25 cpg over the screen.
CBOB 93 was down at 10.75 over the screen.
RBOB rose to 4.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.98 bbl, $8.89/bbl under the screen. – John Troland