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NYMEX Thursday Wrap: Crude, gasoline extend gains, nat gas drops
HOUSTON, June 29, 2017 (PCW) — August NYMEX crude futures settled up $0.19/bbl to $44.93/bbl. August Brent at the close of the NYMEX increased $0.14/bbl at $47.39/bbl.
The August Brent/WTI spread narrowed to $2.46/bbl favoring Brent. Prompt natural gas futures were down 5.2 cents at $ 3.042 mmBtu. July NYMEX RBOB futures closed at $1.4856/gal, up 0.23 cpg.
July gasoline differentials were stronger versus Wednesday’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 3.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.57/bbl, $5.54/bbl under the screen. – John Troland