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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with losses
HOUSTON, July 2, 2018 (PCW) — August NYMEX crude futures settled down $0.21 at $73.94/bbl. September Brent at the close of the NYMEX decreased $1.70/bbl at $77.53 bbl.
The September Brent/WTI spread narrowed to $5.91 bbl favoring Brent. Prompt natural gas futures were down 6.2 cents at $2.862 mmBtu. August NYMEX RBOB futures closed at $2.1048 gal, down 4.64 cpg.
August gasoline differentials were higher versus Friday’s levels.
A2 CBOB 87 regular was stronger at 13.50 cpg under the screen.
CBOB 87 was up at 7.75 cpg under the screen.
D2 CBOB 93 premium rose to 0.50 cpg over the screen.
CBOB 93 was up at 9.25 over the screen.
RBOB was stronger at 2.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.60 bbl, $5.58 /bbl under the screen. – John Troland