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NYMEX Monday Wrap: Oil inches up, RBOB drops
HOUSTON, June 11, 2018 (PCW) — July NYMEX crude futures settled up $0.36 at $66.10/bbl. August Brent at the close of the NYMEX decreased $0.15/bbl at $76.54 bbl. The August Brent/WTI spread narrowed at $10.51 bbl favoring Brent.
Prompt natural gas futures were up 5.9 cents at $2.949 mmBtu. July NYMEX RBOB futures closed at $2.1049 gal, down 1.04 cpg.
June gasoline differentials were mostly higher from Friday’s level.
A2 CBOB 87 regular was higher at 15.25 cpg under the screen.
CBOB 87 was lower at 9.50 cpg under the screen.
D2 CBOB 93 premium was higher at 2.75 cpg over the screen.
CBOB 93 was up at 10.00 over the screen.
RBOB was higher at 0.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.92 bbl, $11.17 /bbl under the screen. – John Troland