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NYMEX Friday Wrap: Crude, gasoline close week with losses; natgas gains
HOUSTON, July 27, 2018 (PCW) — August NYMEX crude futures settled down $0.92 at $68.69/bbl. September Brent at the close of the NYMEX decreased $0.25/bbl at $74.31 bbl.
The September Brent/WTI spread widened to $5.62 bbl favoring Brent. Prompt natural gas futures were up 4.2 cents at $2.822 mmBtu. August NYMEX RBOB futures closed at $2.1619 gal, up 0.04 cpg.
August gasoline differentials were mostly weaker versus Thursday’s level.
A2 CBOB 87 regular was softer at 12.25 cpg under the screen.
CBOB 87 was down at 6.50 cpg under the screen.
D2 CBOB 93 premium was lower at 1.00 cpg over the screen.
CBOB 93 was stronger at 10.75 over the screen.
RBOB fell to 5.00 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $14.71 bbl, $5.31 /bbl under the screen. – John Troland