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NYMEX Wednesday wrap: Crude, nat gas and RBOB decline
HOUSTON, May 24, 2017 (PCW) — July NYMEX crude futures settled down $0.11/bbl to $51.36/bbl. July Brent at the close of the NYMEX decreased $0.16/bbl at $54.03/bbl. The July Brent/WTI spread narrowed to $2.67/bbl favoring Brent.
Prompt natural gas futures were down1.1 cents at $3.209 mmBtu. June NYMEX RBOB futures closed at $1.6526/gal, down 0.88 cpg.
June gasoline differentials were mostly lower versus Tuesday’s levels.
2 CBOB 87 regular was lower at 12.75 cpg under the screen.
BOB 87 was down at 8.00 cpg under the screen.
2 CBOB 93 premium was lower at 6.25 cpg over the screen.
BOB 93 was down at 11.00 cpg over the screen.
BOB was steady at 2.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.36/bbl, $5.34/bbl under the screen. -– John Troland