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NYMEX Tuesday Wrap: Crude, nat gas, gasoline rise, reversing course
HOUSTON, June 6, 2017 (PCW) — July NYMEX crude futures settled up $0.79/bbl to $48.19/bbl. August Brent at the close of the NYMEX increased $0.62/bbl at $50.13/bbl.
The August Brent/WTI spread narrowed to $1.79/bbl favoring Brent. Prompt natural gas futures were up 6.0 cents at $3.042 mmBtu. July NYMEX RBOB futures closed at $1.5545/gal, up 1.64 cpg.
July gasoline differentials were mixed versus Monday’s levels.
2 CBOB 87 regular was stronger at 10.25 cpg under the screen.
BOB 87 was weaker at 6.00 cpg under the screen.
2 CBOB 93 premium was higher at 8.00 cpg over the screen.
BOB 93 was softer at 12.25 cpg over the screen.
BOB was up at 2.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.01/bbl, $4.85/bbl under the screen. – John Troland