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NYMEX Monday Wrap: Oil, nat gas, RBOB decline
HOUSTON, June 25, 2018 (PCW) — August NYMEX crude futures settled down $0.50 at $68.08/bbl. August Brent at the close of the NYMEX decreased $0.46/bbl at $74.65 bbl. The August Brent/WTI spread widened to $6.57 bbl favoring Brent.
Prompt natural gas futures were down 2.2 cents at $2.923 mmBtu. July NYMEX RBOB futures closed at $2.0515 gal, down 1.90 cpg.
June gasoline differentials were mixed from Friday’s level.
A2 CBOB 87 regular was steady at 15.25 cpg under the screen.
CBOB 87 was lower at 9.25 cpg under the screen.
D2 CBOB 93 premium was lower at 1.75 cpg over the screen.
CBOB 93 was higher at 9.25 over the screen.
RBOB was lower at 3.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.42 bbl, $7.00 /bbl under the screen. – John Troland