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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with losses
HOUSTON, June 5, 2017 (PCW) — July NYMEX crude futures settled down $0.26/bbl to $47.40/bbl. August Brent at the close of the NYMEX decreased $0.40/bbl at $49.51/bbl.
The August Brent/WTI spread narrowed to $1.93/bbl favoring Brent. Prompt natural gas futures were down 1.7 cents at $2.982 mmBtu. July NYMEX RBOB futures closed at $1.5381/gal, down 3.90 cpg.
July gasoline differentials were steady versus Friday’s levels.
2 CBOB 87 regular was unchanged at 11.75 cpg under the screen.
BOB 87 was firm at 5.75 cpg under the screen.
2 CBOB 93 premium was steady at 6.50 cpg over the screen.
BOB 93 was flat at 12.50 cpg over the screen.
BOB was steady at 2.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $10.82/bbl, $5.28/bbl under the screen. – John Troland