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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.

The 3-2-1 crack in the Gulf Coast was $11.90/bbl, $3.92/bbl under the screen. -– John Troland.

To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus

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