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NYMEX Monday Wrap: Crude, gasoline open week with losses; nat gas moves up
HOUSTON, July 17 2017 (PCW) — August NYMEX crude futures settled down $0.52/bbl to $46.02/bbl. September Brent at the close of the NYMEX decreased $0.48/bbl at $48.45/bbl.
The September Brent/WTI spread widened to $2.22/bbl favoring Brent. Prompt natural gas futures were up 4.0 cents at $3.020/mmBtu. August NYMEX RBOB futures closed at $1.5567/gal, down 0.38 cpg.
August gasoline differentials were weaker versus Friday’s levels.
2 CBOB 87 regular was softer at 11.50 cpg under the screen.
BOB 87 was down at 7.25 cpg under the screen.
2 CBOB 93 premium was lower at 4.50 cpg over the screen.
BOB 93 fell to 11.50 cpg over the screen.
BOB was softer at 3.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $13.32bbl, $5.24/bbl under the screen. – John Troland