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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with losses
HOUSTON, June 4, 2018 (PCW) — July NYMEX crude futures settled down $1.06 at $64.75/bbl. August Brent at the close of the NYMEX decreased $1.47/bbl at $75.41 bbl.
The August Brent/WTI spread widened at $10.73 bbl favoring Brent. Prompt natural gas futures were down 3.2 cents at $2.930 mmBtu. July NYMEX RBOB futures closed at $2.1224 gal, down 2.10 cpg.
June gasoline differentials were mixed from Friday’s levels.
A2 CBOB 87 regular was stronger at 15.00 cpg under the screen.
CBOB 87 was steady at 9.00 cpg under the screen.
D2 CBOB 93 premium was weaker at 1.75 cpg over the screen.
CBOB 93 was down at 8.75 over the screen.
RBOB was softer at 0.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.69 bbl, $11.12 /bbl under the screen. – John Troland