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NYMEX Friday Wrap: Crude, gasoline close week with gains
HOUSTON, July 20, 2018 (PCW) — August NYMEX crude futures settled up $1.00 at $70.46/bbl. September Brent at the close of the NYMEX increased $0.52/bbl at $72.99 bbl.
The September Brent/WTI spread widened to $4.73 bbl favoring Brent. Prompt natural gas futures were down 1.2 cents at $2.757 mmBtu. August NYMEX RBOB futures closed at $2.0690 gal, up 2.55 cpg.
August gasoline differentials were mostly softer versus Thursday’s level.
A2 CBOB 87 regular was weaker at 10.75 cpg under the screen.
CBOB 87 was down at 5.50 cpg under the screen.
D2 CBOB 93 premium was lower at 3.25 cpg over the screen.
CBOB 93 was stronger at 8.75 over the screen.
RBOB was steady at 2.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.09 bbl, $4.84 /bbl under the screen. – John Troland