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NYMEX Tuesday Wrap: Oil, nat gas, RBOB rise
HOUSTON, July 24, 2018 (PCW) — August NYMEX crude futures settled up $0.63 at $68.52/bbl. September Brent at the close of the NYMEX increased $0.54/bbl at $73.46 bbl. The September Brent/WTI spread narrowed to $4.94 bbl favoring Brent.
Prompt natural gas futures were up 1.1 cents at $2.732 mmBtu. August NYMEX RBOB futures closed at $2.0956 gal, up 0.42 cpg.
August gasoline differentials were mixed versus Monday’s level.
A2 CBOB 87 regular was lower at 11.50 cpg under the screen.
CBOB 87 was down at 6.25 cpg under the screen.
D2 CBOB 93 premium was lower at 3.50 cpg over the screen.
CBOB 93 was up at 11.75 over the screen.
RBOB was higher at 2.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.51 bbl, $5.00 /bbl under the screen. – John Troland