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NYMEX Wednesday Wrap: Oil tops $66, gas rises 6.4 cts
HOUSTON, June 20, 2018 (PCW) — July NYMEX crude futures settled up $1.15 at $66.22/bbl. August Brent at the close of the NYMEX decreased $0.59/bbl at $74.69 bbl. The August Brent/WTI spread narrowed at $8.98 bbl favoring Brent.
Prompt natural gas futures were up 6.4 cents at $2.964 mmBtu. July NYMEX RBOB futures closed at $2.0235 gal, down 1.44 cpg.
June gasoline differentials were mixed from Tuesday’s level.
A2 CBOB 87 regular was lower at 15.00 cpg under the screen.
CBOB 87 was steady at 8.00 cpg under the screen.
D2 CBOB 93 premium was higher at 3.25 cpg over the screen.
CBOB 93 was up at 9.75 over the screen.
RBOB was lower at 1.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.89 bbl, $11.05 /bbl under the screen. – John Troland