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NYMEX Thursday Wrap: Crude mixed; nat gas softens, gasoline climbs
HOUSTON, July 5, 2018 (PCW) — August NYMEX crude futures settled down $1.20 at $72.94/bbl. September Brent at the close of the NYMEX increased $0.06/bbl at $77.60 bbl.
The September Brent/WTI spread widened to $6.97 bbl favoring Brent. Prompt natural gas futures were down 3.3 cents at $2.837 mmBtu. August NYMEX RBOB futures closed at $2.1293 gal, up 1.17 cpg.
August gasoline differentials were steady versus Tuesday’s level.
A2 CBOB 87 regular was steady at 13.25 cpg under the screen.
CBOB 87 was unchanged at 7.75 cpg under the screen.
D2 CBOB 93 premium was firm at 0.75 cpg over the screen.
CBOB 93 was unchanged at 9.25 over the screen.
RBOB was steady at 2.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.67 bbl, $5.51 /bbl under the screen. – John Troland