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NYMEX Wednesday Wrap: Oil tops $71, RBOB also climbs
HOUSTON, May 9, 2018 (PCW) — June NYMEX crude futures settled up $2.08/bbl at $71.14/bbl. July Brent at the close of the NYMEX increased $2.63/bbl at $77.20 bbl. The July Brent/WTI spread widened at $6.15 bbl favoring Brent.
Prompt natural gas futures were up 0.5 cents at $2.737 mmBtu.
June NYMEX RBOB futures closed at $2.1673 gal, up 5.59 cpg. May gasoline differentials were mixed versus Tuesday’s level.
A2 CBOB 87 regular was higher at 13.75 cpg under the screen.
CBOB 87 was higher at 8.25 cpg under the screen.
D2 CBOB 93 premium was down at 0.75 cpg over the screen.
CBOB 93 was lower at 6.25 over the screen.
RBOB was higher at 1.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.97 bbl, $8.63/bbl under the screen. – John Troland