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NYMEX Tuesday Wrap: Oil, nat gas, RBOB drop
HOUSTON, June 19, 2018 (PCW) — July NYMEX crude futures settled down $0.78 at $65.07/bbl. August Brent at the close of the NYMEX decreased $0.02/bbl at $75.28 bbl. The August Brent/WTI spread widened at $10.38 bbl favoring Brent.
Prompt natural gas futures were down 5.1 cents at $2.900 mmBtu. July NYMEX RBOB futures closed at $2.0379 gal, down 1.67 cpg.
June gasoline differentials were higher from Monday’s level.
A2 CBOB 87 regular was higher at 14.50 cpg under the screen.
CBOB 87 was up at 8.00 cpg under the screen.
D2 CBOB 93 premium was higher at 2.25 cpg over the screen.
CBOB 93 was up at 8.25 over the screen.
RBOB was higher at 0.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.44 bbl, $10.26 /bbl under the screen. – John Troland