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NYMEX Wednesday Wrap: Crude passes $47, nat gas declines
HOUSTON, July 19 2017 (PCW) — August NYMEX crude futures settled up $0.72/bbl to $47.12/bbl. September Brent at the close of the NYMEX increased $0.81/bbl at $49.63/bbl. The September Brent/WTI spread widened to $2.31/bbl favoring Brent.
Prompt natural gas futures were down 2.2 cents at $ 3.066 mmBtu. August NYMEX RBOB futures closed at $1.6169/gal, up 3.80 cpg.
August gasoline differentials were mostly lower versus Tuesday’s levels.
2 CBOB 87 regular was lower at 12.50 cpg under the screen.
BOB 87 was down at 8.25 cpg under the screen.
2 CBOB 93 premium was lower at 3.25 cpg over the screen.
BOB 93 was down at 10.25 cpg over the screen.
BOB was higher at 3.25 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $14.36bbl, $5.51/bbl under the screen. – John Troland