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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with gains

HOUSTON, May 22, 2017 (PCW) — June NYMEX crude futures settled up $0.40/bbl to $50.73/bbl. July Brent at the close of the NYMEX increased $0.38/bbl at $53.98/bbl.

The July Brent/WTI spread narrowed to $2.85/bbl favoring Brent. Prompt natural gas futures were up 7.4 cents at $3.330mmBtu. June NYMEX RBOB futures closed at $1.6626/gal, up 1.03 cpg.

June gasoline differentials were steady to stronger versus Friday’s levels.

he 3-2-1 crack in the Gulf Coast was $13.11/bbl, $5.14/bbl under the screen. – John Troland

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