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NYMEX Thursday Wrap: Crude posts mixed results; nat gas plummets
HOUSTON, June 1, 2017 (PCW) — July NYMEX crude futures settled up $0.04/bbl to $48.36/bbl. August Brent at the close of the NYMEX decreased $0.03/bbl at $50.73/bbl.
The August Brent/WTI spread narrowed to $2.13/bbl favoring Brent. Prompt natural gas futures were down 6.3 cents at $3.008 mmBtu. July NYMEX RBOB futures closed at $1.6014/gal, up 0.49 cpg.
July gasoline differentials were stronger versus Wednesday’s levels.
2 CBOB 87 regular was higher at 11.75 cpg under the screen.
BOB 87 was up at 5.75 cpg under the screen.
2 CBOB 93 premium was stronger at 6.50 cpg over the screen.
BOB 93 was up at 12.50 cpg over the screen.
BOB was rose to 2.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.26/bbl, $5.24/bbl under the screen. – John Troland