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NYMEX Thursday Wrap: Crude, nat gas, gasoline make gains
HOUSTON, July 26, 2018 (PCW) — August NYMEX crude futures settled up $0.31 at $69.61/bbl. September Brent at the close of the NYMEX increased $0.55/bbl at $74.56 bbl.
The September Brent/WTI spread widened to $4.95 bbl favoring Brent. Prompt natural gas futures were up 0.5 cents at $2.78 mmBtu. August NYMEX RBOB futures closed at $2.1623 gal, up 3.92 cpg.
August gasoline differentials were mixed versus Wednesday’s level.
A2 CBOB 87 regular was softer at 11.75 cpg under the screen.
CBOB 87 was up at 6.25 cpg under the screen.
D2 CBOB 93 premium was stronger at 2.25 cpg over the screen.
CBOB 93 was down at 10.50 over the screen.
RBOB was higher at 3.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $14.25 bbl, $5.16 /bbl under the screen. – John Troland