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NYMEX Friday Wrap: Crude closes week with losses; nat gas sees sharp gains
HOUSTON, July 22, 2016 (PCW) —- September NYMEX crude futures settled down $0.56/bbl to $44.19/bbl. September Brent at the close of the NYMEX decreased $0.55/bbl to $45.66/bbl.
The September Brent/WTI spread widened to $1.47/bbl favoring Brent. Prompt natural gas futures were up 8.5 cents at $2.777/mmBtu. August NYMEX RBOB futures closed at $1.3615/gal, up 0.65 cpg.
US Gulf cash gasoline differentials were mixed versus Thursday’s levels.
A2 CBOB 87 regular was weaker at 6.75 cpg under the screen.
CBOB 87 was lower at 2.50 cpg under the screen.
D2 CBOB 93 premium was down at 5.50 cpg over the screen.
CBOB 93 was softer at 9.50 cpg over the screen.
RBOB was lower at 1.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.67/bbl, $3.96/bbl under the screen. –- John Troland
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