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NYMEX Friday Wrap: Crude closes week with losses; WTI below $50/bbl
HOUSTON, June 10, 2016 (PCW) -— July NYMEX crude futures settled down $1.49/bbl to $49.07/bbl. August Brent at the close of the NYMEX decreased $1.48/bbl to $50.49/bbl.
The August Brent/WTI spread widened to $0.077/bbl favoring Brent. Prompt natural gas futures were down 6.1 cents at $2.556/mmBtu. July NYMEX RBOB futures closed at $1.5596/gal, down 5.90 cpg.
US Gulf cash gasoline differentials were mostly steady to lower versus Thursday’s levels.
A2 CBOB 87 regular was steady at 13.00 cpg under the screen.
CBOB 87 was steady at 9.50 cpg under the screen.
D2 CBOB 93 premium was steady at 5.50 cpg over the screen.
CBOB 93 was steady at 8.75 cpg over the screen.
RBOB was lower at 2.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.90/bbl, $3.92/bbl under the screen. -– John Troland.
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