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NYMEX Monday Wrap: Crude opens week with slight losses; natgas up
HOUSTON, June 13, 2016 (PCW) —- July NYMEX crude futures settled down $0.19/bbl to $48.88/bbl. August Brent at the close of the NYMEX decreased $0.16/bbl to $50.33/bbl.
The August Brent/WTI spread widened to $0.081/bbl favoring Brent. Prompt natural gas futures were up 2.9 cents at $2.585/mmBtu. July NYMEX RBOB futures closed at $1.5362/gal, down 2.34 cpg.
US Gulf cash gasoline differentials were steady to higher versus Friday’s levels.
A2 CBOB 87 regular was stronger at 12.75 cpg under the screen.
CBOB 87 was steady at 9.50 cpg under the screen.
D2 CBOB 93 premium was flat at 5.50 cpg over the screen.
CBOB 93 was steady at 8.75 cpg over the screen.
RBOB was unchanged at 2.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.33/bbl, $4.01/bbl under the screen. -– John Troland
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