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NYMEX Thursday Wrap: Crude, gasoline falter; nat gas rallies
HOUSTON, August 23, 2018 (PCW) -- October NYMEX crude futures settled down $0.03 at $67.83/bbl. October Brent at the close of the NYMEX decreased $0.02/bbl to $74.73/bbl. The October Brent/WTI spread widened to $6.90/bbl favoring Brent.
Prompt natural gas futures were up 0.8 cents at $2.964/mmBtu. September NYMEX RBOB futures closed at $2.0592/gal, down 0.88 cpg.
Gasoline differentials were mostly weaker versus Wednesday’s levels.
A2 CBOB 87 regular was softer at 10.25 cpg under the screen.
CBOB 87 was down at 5.00 cpg under the screen.
D2 CBOB 93 premium was weaker at 2.50 cpg over the screen.
CBOB 93 was stronger at 10.75 cpg over the screen.
RBOB fell to 1.00 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $13.03/bbl, $6.10/bbl under the screen. -- John Troland