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NYMEX Thursday Wrap: Crude mixed; nat gas rallies; gasoline slips
HOUSTON, July 19, 2018 (PCW) — August NYMEX crude futures settled up $0.70 at $69.46/bbl. September Brent at the close of the NYMEX decreased $0.59/bbl at $72.47 bbl.
The September Brent/WTI spread narrowed to $4.23 bbl favoring Brent. Prompt natural gas futures were up 4.8 cents at $2.769 mmBtu. August NYMEX RBOB futures closed at $2.0435 gal, down 0.09 cpg.
August gasoline differentials were mostly weaker versus Wednesday’s level.
A2 CBOB 87 regular was softer at 10.50 cpg under the screen.
CBOB 87 was down at 5.75 cpg under the screen.
D2 CBOB 93 premium was stronger at 4.00 cpg over the screen.
CBOB 93 was down at 8.75 over the screen.
RBOB was lower at 2.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.21 bbl, $4.81 /bbl under the screen. – John Troland