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NYMEX Monday Wrap: Crude rises more than $1, nat gas drops
HOUSTON, May 15, 2017 (PCW) -- June NYMEX crude futures settled up $1.01/bbl to $48.85/bbl. July Brent at the close of the NYMEX increased $0.94/bbl at $51.81/bbl. The July Brent/WTI spread narrowed to $2.65/bbl favoring Brent.
Prompt natural gas futures were down 7.5 cents at $3.349mmBtu. June NYMEX RBOB futures closed at $1.5954/gal, up 1.93 cpg.
June gasoline differentials were mixed versus Friday’s levels.
2 CBOB 87 regular was higher at 11.50 cpg under the screen.
BOB 87 was lower at 5.75 cpg under the screen.
2 CBOB 93 premium was lower at 8.00 cpg over the screen.
BOB 93 was down at 13.75 cpg over the screen.
BOB was steady at 1.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.99/bbl, $4.97/bbl under the screen. -– John Troland