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NYMEX Friday Wrap: Crude, gasoline close week with losses, gas gains
HOUSTON, June 1, 2018 (PCW) — July NYMEX crude futures settled down $1.23 at $65.81/bbl. August Brent at the close of the NYMEX decreased $0.66/bbl at $76.88 bbl.
The August Brent/WTI spread widened at $11.11 bbl favoring Brent. Prompt natural gas futures were up 1.0 cents at $2.962 mmBtu. July NYMEX RBOB futures closed at $2.1434 gal, down 1.71 cpg.
June gasoline differentials were stronger from Thursday’s levels
A2 CBOB 87 regular was higher at 15.25 cpg under the screen.
CBOB 87 was up at 9.00 cpg under the screen.
D2 CBOB 93 premium rose to 3.00 cpg over the screen.
CBOB 93 was up at 9.50 over the screen.
RBOB increased to 0.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $14.14 bbl, $10.53 /bbl under the screen. – John Troland