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NYMEX Friday Wrap: Oil, nat gas close week with decline
HOUSTON, June 8, 2018 (PCW) — July NYMEX crude futures settled down $0.21 at $65.74/bbl. August Brent at the close of the NYMEX decreased $0.46/bbl at $76.69 bbl. The August Brent/WTI spread narrowed at $11.02 bbl favoring Brent.
Prompt natural gas futures were down 4.0 cents at $2.890 mmBtu.
July NYMEX RBOB futures closed at $2.1153 gal, up .05 cpg. June gasoline differentials were mostly unchanged from Thursday’s level.
A2 CBOB 87 regular was steady at 15.50 cpg under the screen.
CBOB 87 was unchanged at 9.00 cpg under the screen.
D2 CBOB 93 premium was steady at 2.50 cpg over the screen.
CBOB 93 was unchanged at 9.00 over the screen.
RBOB was lower at 0.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.55 bbl, $11.20 /bbl under the screen. – John Troland