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NYMEX Wednesday Wrap: Oil rises, nat gas and RBOB show gains
HOUSTON, June 28, 2017 (PCW) — August NYMEX crude futures settled up $0.50/bbl to $44.74/bbl. August Brent at the close of the NYMEX increased $0.60/bbl at $47.25/bbl. The August Brent/WTI spread widened to $2.51/bbl favoring Brent.
Prompt natural gas futures were up 3.0 cents at $ 3.067 mmBtu. July NYMEX RBOB futures closed at $1.4833/gal, up 2.35 cpg.
July gasoline differentials were lower versus Tuesday’s levels.
2 CBOB 87 regular was lower at 13.25 cpg under the screen.
BOB 87 was down at 9.50 cpg under the screen.
2 CBOB 93 premium was lower at 3.00 cpg over the screen.
BOB 93 was down at 6.75 cpg over the screen.
BOB was lower at 5.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.39/bbl, $5.66/bbl under the screen. – John Troland