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NYMEX Tuesday Wrap: Oil inches up as nat gas declines
HOUSTON, June 12, 2018 (PCW) — July NYMEX crude futures settled up $0.26 at $66.36/bbl. August Brent at the close of the NYMEX decreased $0.63/bbl at $75.91 bbl. The August Brent/WTI spread narrowed at $9.63 bbl favoring Brent.
Prompt natural gas futures were down 1.0 cents at $2.939 mmBtu. July NYMEX RBOB futures closed at $2.0899 gal, down 1.50 cpg.
June gasoline differentials were higher from Monday’s level.
A2 CBOB 87 regular was higher at 14.75 cpg under the screen.
CBOB 87 was higher at 8.75 cpg under the screen.
D2 CBOB 93 premium was higher at 3.00 cpg over the screen.
CBOB 93 was up at 10.50 over the screen.
RBOB was higher at 0.25 cpg over the screen.
The 3-2-1 crack in the Gulf Coast was $11.46 bbl, $10.96 /bbl under the screen. – John Troland