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NYMEX Thursday Wrap: Crude, gasoline declines; natgas resumes climb
HOUSTON, August 9, 2018 (PCW) — September NYMEX crude futures settled down $0.13 at $66.81/bbl. September Brent at the close of the NYMEX decreased $0.23/bbl at $72.26 bbl. The October Brent/WTI spread narrowed to $5.89 bbl favoring Brent.
Prompt natural gas futures were up 0.6 cents at $2.955 mmBtu. September NYMEX RBOB futures closed at $1.9999 gal, down 1.96 cpg.
September gasoline differentials were mixed versus Wednesday’s level.
A2 CBOB 87 regular was steady at 9.25 cpg under the screen.
CBOB 87 was lower at 6.00 cpg under the screen.
D2 CBOB 93 premium was higher at 4.00 cpg over the screen.
CBOB 93 was up at 13.25 over the screen.
RBOB was lower at 0.50 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $14.31 bbl, $4.44 /bbl under the screen. – John Troland