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NYMEX Tuesday Wrap: Oil jumps more than $2, gas also rises
HOUSTON, June 26, 2018 (PCW) — August NYMEX crude futures settled up $2.45 at $70.53/bbl. August Brent at the close of the NYMEX increased $1.69/bbl at $76.34 bbl. The August Brent/WTI spread narrowed to $5.81 bbl favoring Brent.
Prompt natural gas futures were up 1.6 cents at $2.939 mmBtu. July NYMEX RBOB futures closed at $2.0746 gal, up 2.31 cpg.
June gasoline differentials were mixed from Monday’s level.
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A2 CBOB 87 regular was lower at 15.50 cpg under the screen.
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CBOB 87 was lower at 9.75 cpg under the screen.
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D2 CBOB 93 premium was lower at 0.50 cpg under the screen.
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CBOB 93 was higher at 9.75 over the screen.
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RBOB was steady at 3.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.31 bbl, $7.62 /bbl under the screen. – John Troland
