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NYMEX Friday Wrap: Crude, nat gas, gasoline end week with losses
HOUSTON, May 11, 2018 (PCW) — June NYMEX crude futures settled down $0.66/bbl at $70.70/bbl. July Brent at the close of the NYMEX decreased $0.25/bbl at $77.17 bbl.
The July Brent/WTI spread widened at $6.49 bbl favoring Brent. Prompt natural gas futures were down 0.8 cents at $2.806 mmBtu. June NYMEX RBOB futures closed at $2.1888 gal, down 0.02 cpg.
May gasoline differentials were steady to weaker versus Thursday’s level.
A2 CBOB 87 regular was softer at 14.75 cpg under the screen.
CBOB 87 was lower at 9.25 cpg under the screen.
D2 CBOB 93 premium was steady at 0.75 cpg over the screen.
CBOB 93 was unchanged at 6.25 over the screen.
RBOB was weaker at 0.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.73 bbl, $8.96/bbl under the screen. – John Troland