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NYMEX Tuesday Wrap: Crude continues slide; nat gas, gasoline rally
HOUSTON, August 14, 2018 (PCW) -- September NYMEX crude futures settled down $0.16 at $67.04/bbl. October Brent at the close of the NYMEX decreased $0.16/bbl at $72.50/bbl.
The October Brent/WTI spread widened to $6.17/bbl favoring Brent. Prompt natural gas futures were up 2.9 cents at $2.959/mmBtu. September NYMEX RBOB futures closed at $2.0341/gal, up 1.94 cpg.
September gasoline differentials were mostly weaker versus Monday’s levels.
A2 CBOB 87 regular was lower at 9.00 cpg under the screen.
CBOB 87 was down at 3.75 cpg under the screen.
D2 CBOB 93 premium was softer at 4.00 cpg over the screen.
CBOB 93 fell to 9.50 cpg over the screen.
RBOB was steady at 0.25 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $14.87/bbl, $4.85/bbl under the screen. -- John Troland