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NYMEX Friday Wrap: Crude, nat gas, gasoline close week with losses
HOUSTON, June 2, 2017 (PCW) — July NYMEX crude futures settled down $0.70/bbl to $47.66/bbl. August Brent at the close of the NYMEX decreased $0.82/bbl at $49.91/bbl.
The August Brent/WTI spread narrowed to $2.04/bbl favoring Brent. Prompt natural gas futures were down 0.9 cents at $2.999 mmBtu. July NYMEX RBOB futures closed at $1.5771/gal, down 2.43 cpg.
July gasoline differentials were mostly steady versus Thursday’s levels.
2 CBOB 87 regular was firm at 11.75 cpg under the screen.
BOB 87 was steady at 5.75 cpg under the screen.
2 CBOB 93 premium was unchanged at 6.50 cpg over the screen.
BOB 93 was flat at 12.50 cpg over the screen.
BOB was stronger at 2.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.05/bbl, $5.24/bbl under the screen. – John Troland