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NYMEX Monday Wrap: Crude, gasoline, nat gas start week with gains
HOUSTON, May 7, 2018 (PCW) — June NYMEX crude futures settled up $1.01/bbl at $70.73/bbl. July Brent at the close of the NYMEX increased $1.37/bbl at $76.18 bbl.
The July Brent/WTI spread widened at $5.56 bbl favoring Brent. Prompt natural gas futures were up 3.0 cents at $2.741 mmBtu. June NYMEX RBOB futures closed at $2.1340 gal, up 2.00 cpg.
May gasoline differentials were steady to lower versus Friday’s levels.
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A2 CBOB 87 regular was steady at 13.75 cpg under the screen.
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CBOB 87 was firm at 8.50 cpg under the screen.
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D2 CBOB 93 premium was unchanged at 2.00 cpg over the screen.
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CBOB 93 was unchanged at 7.25 over the screen.
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RBOB was weaker at 2.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.87 bbl, $8.74/bbl under the screen. – John Troland
