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Crude oil sees slight increase, natural gas futures slump
HOUSTON, June 23, 2015 (PCW) -- August NYMEX crude futures settled up $0.63/bbl to $61.01/bbl. August ICE Brent crude futures, at the close of the NYMEX, increased $1.39/bbl to $64.56/bbl.
The August Brent/WTI spread widened to $3.55/bbl favoring Brent. Prompt natural gas futures were down 0.07 cents at $2.726/mmBtu. July NYMEX RBOB futures closed at 207.66 cpg, up 4.69 cpg.
US Gulf cash gasoline differentials were mixed versus Monday’s levels.
A2 CBOB 87 regular was higher at 18.75 cpg under the screen.
CBOB 87 was up at 10.50 cpg under the screen.
D2 CBOB 93 premium was lower at 4.25 cpg over the screen.
CBOB 93 fell to 14.00 cpg over the screen.
RBOB was steady at 3.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $14.26/bbl, $9.86/bl under the screen. – John Troland