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NYMEX Tuesday Wrap: Oil, nat gas, RBOB rise
HOUSTON, August 21, 2018 (PCW) — September NYMEX crude futures settled up $0.92 at $67.35/bbl. October Brent at the close of the NYMEX increased $0.18/bbl at $72.63 bbl. The October Brent/WTI spread narrowed to $6.79 bbl favoring Brent.
Prompt natural gas futures were up 3.9 cents at $2.980 mmBtu. September NyMEX RBOB futures closed at $2.0179 gal, up 0.28 cpg.
September gasoline differentials were mostly lower versus Monday’s level.
A2 CBOB 87 regular was lower at 8.25 cpg under the screen.
CBOB 87 was down at 3.00 cpg under the screen.
D2 CBOB 93 premium was lower at 5.50 cpg over the screen.
CBOB 93 was down at 10.75 over the screen.
RBOB was higher at 0.50 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $13.28 bbl, $5.57 /bbl under the screen. – John Troland