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NYMEX Tuesday Wrap: Crude, nat gas, gasoline extend gains
HOUSTON, June 27, 2017 (PCW) — August NYMEX crude futures settled up $0.85/bbl to $44.24/bbl. August Brent at the close of the NYMEX increased $0.88/bbl at $46.71/bbl.
The August Brent/WTI spread widened to $2.47/bbl, favoring Brent. Prompt natural gas futures were up 1.0 cents at $ 3.037 mmBtu. July NYMEX RBOB futures closed at $1.4598/gal, up 2.11 cpg.
July gasoline differentials were stronger versus Monday’s levels.
2 CBOB 87 regular was higher at 12.75 cpg under the screen.
BOB 87 was up at 8.75 cpg under the screen.
2 CBOB 93 premium was stronger at 3.50 cpg over the screen.
BOB 93 rose to 7.50 cpg over the screen.
BOB was higher at 4.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.02/bbl, $5.60/bbl under the screen. – John Troland