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NYMEX Thursday Wrap: Crude, gasoline extend gains; nat gas declines
HOUSTON, July 13 2017 (PCW) — August NYMEX crude futures settled up $0.59/bbl to $46.08/bbl. September Brent at the close of the NYMEX increased $0.55/bbl at $48.38/bbl.
The September Brent/WTI spread narrowed to $2.13/bbl favoring Brent. Prompt natural gas futures were down 2.4 cents at $ 2.961 mmBtu. August NYMEX RBOB futures closed at $1.5261/gal, up 0.53 cpg.
August gasoline differentials were mixed versus Wednesday’s levels.
2 CBOB 87 regular was weaker at 10.50 cpg under the screen.
BOB 87 was down at 6.25 cpg under the screen.
2 CBOB 93 premium was stronger at 3.75 cpg over the screen.
BOB 93 was steady at 10.75 cpg over the screen.
BOB was softer at 2.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $12.51bbl, $5.02/bbl under the screen. – John Troland