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NYMEX Friday Wrap: Crude, gasoline close week with gains; natgas drops
HOUSTON, July 13, 2018 (PCW) — August NYMEX crude futures settled up $0.68 at $71.01/bbl. September Brent at the close of the NYMEX increased $0.99/bbl at $75.35 bbl.
The September Brent/WTI spread widened to $5.40 bbl favoring Brent. Prompt natural gas futures were down 4.5 cents at $2.752 mmBtu. August NYMEX RBOB futures closed at $2.1067 gal, up 3.50 cpg.
August gasoline differentials were mixed versus Thursday’s levels.
A2 CBOB 87 regular was steady at 10.00 cpg under the screen.
CBOB 87 was weaker at 5.75 cpg under the screen.
D2 CBOB 93 premium was firm at 6.25 cpg over the screen.
CBOB 93 was stronger at 13.00 over the screen.
RBOB was higher at 0.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.28 bbl, $4.57 /bbl under the screen. – John Troland