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NYMEX Wednesday Wrap: Crude, nat gas, gasoline see steep drops
HOUSTON, June 7, 2017 (PCW) — July NYMEX crude futures settled down $2.47/bbl to $45.72/bbl. August Brent at the close of the NYMEX decreased $2.05/bbl at $50.13/bbl.
The August Brent/WTI spread widened to $2.10/bbl favoring Brent. Prompt natural gas futures were down 2.2 cents at $3.020 mmBtu. July NYMEX RBOB futures closed at $1.4913/gal, down 6.32 cpg.
July gasoline differentials were softer versus Tues day’s levels.
2 CBOB 87 regular was weaker at 10.50 cpg under the screen.
BOB 87 was lower at 6.25 cpg under the screen.
2 CBOB 93 premium was softer at 3.75 cpg over the screen.
BOB 93 was down at 8.00 cpg over the screen.
BOB fell to 2.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $10.68/bbl, $5.18/bbl under the screen. – John Troland