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NYMEX Monday Wrap: Crude, nat gas open week with gains; gasoline softens

HOUSTON, August 6, 2018 (PCW) — September NYMEX crude futures settled up $0.52 at $69.01/bbl. September Brent at the close of the NYMEX increased $0.60/bbl at $73.77 bbl.

The October Brent/WTI spread widened to $5.83 bbl favoring Brent. Prompt natural gas futures were up 0.7 cents at $2.860 mmBtu. September NYMEX RBOB futures closed at $2.0651 gal, down 0.0004 cpg.

September gasoline differentials were mixed versus Friday’s level.

The 3-2-1 crack spread in the Gulf Coast was $14.50 bbl, $4.26 /bbl under the screen. – John Troland

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