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NYMEX Thursday Wrap: Crude continues fall; nat gas shoots higher
HOUSTON, July 28, 2016 (PCW) -— September NYMEX crude futures settled down $0.78/bbl to $41.14/bbl. September Brent at the close of the NYMEX decreased $0.86/bbl to $43.56/bbl.
The September Brent/WTI spread narrowed to $1.56/bbl favoring Brent. Prompt natural gas futures were up 21.3 cents at $2.873/mmBtu. August NYMEX RBOB futures closed at $1.3062/gal, down 1.52 cpg.
US Gulf cash gasoline differentials were weaker versus Wednesday’s levels.
A2 CBOB 87 regular was softer at 6.50 cpg under the screen.
CBOB 87 was lower at 2.50 cpg under the screen.
D2 CBOB 93 premium fell to 5.50 cpg over the screen.
CBOB 93 was weaker at 10.25 cpg over the screen.
RBOB was lower at 1.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.22/bbl, $3.72/bbl under the screen. -– John Troland
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