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NYMEX Tuesday Wrap: Crude, gasoline probe lower; nat gas rallies
HOUSTON, June 20, 2017 (PCW) — July NYMEX crude futures settled down $0.97/bbl to $43.23/bbl. August Brent at the close of the NYMEX decreased $0.86/bbl at $46.06/bbl.
The August Brent/WTI spread was widened to $2.55/bbl favoring Brent. Prompt natural gas futures were up 1.3 cents at $ 2.907 mmBtu. July NYMEX RBOB futures closed at $1.4240/gal, down 2.66 cpg.
July gasoline differentials were stronger versus Monday’s levels.
2 CBOB 87 regular was up at 8.75 cpg under the screen.
BOB 87 was higher at 4.75 cpg under the screen.
2 CBOB 93 premium was stronger at 3.75 cpg over the screen.
BOB 93 rose to 7.75 cpg over the screen.
BOB was higher at 1.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.57/bbl, $4.60/bbl under the screen. – John Troland