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NYMEX Wednesday Wrap: August crude drops, natgas falls 9.1 cts
ouston, June 22, 2016 (PCW) —- August NYMEX crude futures settled down $0.72/BBL, to $49.13. August Brent at the close of the NYMEX decreased $0.48 to $49.94. The August Brent/WTI spread widened to $0.081/bbl favoring Brent.
Prompt natural gas futures were down 9.1 cents at $2.677/mmBtu. July NYMEX RBOB futures closed at $1.5882 pg, down 0.47 cpg.
US Gulf cash gasoline differentials were mixed versus Tuesday’s levels.
A2 CBOB 87 regular was higher at 12.50 cpg under the screen.
CBOB 87 was higher at 7.75 cpg under the screen.
D2 CBOB 93 premium was higher at 5.75 cpg over the screen.
CBOB 93 was higher at 10.50 cpg over the screen.
RBOB was higher at 0.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.09/bbl, $4.02/bbl under the screen. –- John Troland.
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