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NYMEX Thursday Wrap: Crude, gasoline, nat gas extend gains
HOUSTON, May 11, 2017 (PCW) — June NYMEX crude futures settled up $0.50/bbl to $47.83/bbl. July Brent at the close of the NYMEX increased $0.64/bbl at $50.78/bbl.
The July Brent/WTI spread widened to $2.58/bbl favoring Brent. Prompt natural gas futures were up 8.4 cents at $3.376mmBtu. June NYMEX RBOB futures closed at $1.5622/gal, up 2.26 cpg.
June gasoline differentials were mixed versus Wednesday’s levels.
2 CBOB 87 regular was stronger at 10.75 cpg under the screen.
BOB 87 was up at 5.00 cpg under the screen.
2 CBOB 93 premium was weaker at 9.00 cpg over the screen.
BOB 93 was softer at 14.75 cpg over the screen.
BOB was higher at 1.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.11/bbl, $4.66/bbl under the screen. – John Troland