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NYMEX Tuesday Wrap: Crude, nat gas open week with steep losses
HOUSTON, July 5, 2016 (PCW) -— August NYMEX crude futures settled down $2.39/bbl to $46.60/bbl. September Brent at the close of the NYMEX decreased $2.46/bbl to $47.91/bbl.
The September Brent/WTI spread narrowed to $0.62/bbl favoring Brent. Prompt natural gas futures were down 22.3 cents at $2.764/mmBtu. August NYMEX RBOB futures closed at $1.4287/gal, down 8.48 cpg.
A2 CBOB 87 regular was higher at 11 cpg under the screen.
CBOB 87 was up at 6.75 cpg under the screen.
D2 CBOB 93 premium was stronger at 7.25 cpg over the screen.
CBOB 93 rose to 11.50 cpg over the screen.
RBOB was stronger at flat to the screen.
The 3-2-1 crack in the Gulf Coast was $10.01/bbl, $3.63/bbl under the screen. – John Troland
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