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NYMEX Friday Wrap: Crude, gasoline close week with strong gains; nat gas sputters
HOUSTON, June 30, 2017 (PCW) — August NYMEX crude futures settled up $1.11/bbl to $46.04/bbl. August Brent at the close of the NYMEX increased $0.83/bbl at $48.22/bbl.
The August Brent/WTI spread narrowed to $2.18/bbl favoring Brent. Prompt natural gas futures were down 0.7 cents at $ 3.035 mmBtu. July NYMEX RBOB futures closed at $1.5152/gal, up 2.96 cpg.
July gasoline differentials were mostly stronger versus Thursday’s levels.
2 CBOB 87 regular was higher at 11.50 cpg under the screen.
BOB 87 was up at 7.50 cpg under the screen.
2 CBOB 93 premium was stronger at 4.75 cpg over the screen.
BOB 93 rose to 8.75 cpg over the screen.
BOB was steady at 3.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.05/bbl, $5.19/bbl under the screen. – John Troland