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NYMEX Tuesday Wrap: Crude, nat gas, gasoline open week with losses
HOUSTON, May 30, 2017 (PCW) — July NYMEX crude futures settled down $0.14/bbl to $49.66/bbl. July Brent at the close of the NYMEX decreased $0.38/bbl at $51.84/bbl.
The July Brent/WTI spread narrowed to $2.18/bbl favoring Brent. Prompt natural gas futures were down 16.5 cents at $3.145 mmBtu. June NYMEX RBOB futures closed at $1.6389/gal, down 0.37 cpg.
June gasoline differentials were mixed versus Friday’s levels.
2 CBOB 87 regular was weaker at 14.25 cpg under the screen.
BOB 87 was down at 8.75 cpg under the screen.
2 CBOB 93 premium was steady at 5.75 cpg over the screen.
BOB 93 was up at 11.25 cpg over the screen.
BOB was softer at 4.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.51/bbl, $5.71/bbl under the screen. – John Troland