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NYMEX Tuesday Wrap: Crude rallies, natgas shoots up 20.1 cents
HOUSTON, June 28, 2016 (PCW) -— August NYMEX crude futures settled up $1.52/bbl to $47.85/bbl. August Brent at the close of the NYMEX increased $1.46/bbl to $48.58/bbl.
The August Brent/WTI spread narrowed to $0.73/bbl favoring Brent. Prompt natural gas futures were up 20.1 cents at $2.917/mmBtu. July NYMEX RBOB futures closed at $1.5100/gal, up 3.33 cpg.
US Gulf cash gasoline differentials were steady to higher versus Monday’s levels.
A2 CBOB 87 regular was steady at 12.75 cpg under the screen.
CBOB 87 was flat at 8.50 cpg under the screen.
D2 CBOB 93 premium was higher at 5.50 cpg over the screen.
CBOB 93 was stronger at 9.75 cpg over the screen.
RBOB was up at 1.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.81/bbl, $3.99/bbl under the screen. -– John Troland
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