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NYMEX Thursday Wrap: Crude rises; nat gas, gasoline falter
HOUSTON, June 28, 2018 (PCW) — August NYMEX crude futures settled up $0.69 at $73.45/bbl. August Brent at the close of the NYMEX decreased $0.10/bbl at $77.61 bbl.
The August Brent/WTI spread narrowed to $4.16 bbl favoring Brent. Prompt natural gas futures were down 4.1 cents at $2.940 mmBtu. July NYMEX RBOB futures closed at $2.1329 gal, down 0.07 cpg.
June gasoline differentials were weaker versus Wednesday’s levels.
A2 CBOB 87 regular was softer at 16.25 cpg under the screen.
CBOB 87 was down at 10.50 cpg under the screen.
D2 CBOB 93 premium was lower at 1.25 cpg under the screen.
CBOB 93 was softer at 9.25 over the screen.
RBOB fell to 4.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.11 bbl, $6.31 /bbl under the screen. – John Troland