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NYMEX Tuesday Wrap: Oil slips, nat gas rises almost 10 cents
HOUSTON, May 22, 2018 (PCW) — June NYMEX crude futures settled down $0.11 at $72.13/bbl. July Brent at the close of the NYMEX increased $0.45/bbl at $79.64 bbl. The July Brent/WTI spread widened at $7.44 bbl favoring Brent.
Prompt natural gas futures were up 9.8 cents at $2.908 mmBtu. June NYMEX RBOB futures closed at $2.2702 gal, up 1.37 cpg.
May gasoline differentials were mixed versus Monday’s level.
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A2 CBOB 87 regular was lower at 15.50 cpg under the screen.
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CBOB 87 was higher at 9.00 cpg under the screen.
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D2 CBOB 93 premium was lower at 2.50 cpg over the screen.
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CBOB 93 was down at 10.00 over the screen.
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RBOB was higher at 1.75 cpg over the screen.
The 3-2-1 crack in the Gulf Coast was $12.75 bbl, $10.61 /bbl under the screen. – John Troland
