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NYMEX Thursday Wrap: Crude, nat gas, gasoline settle with declines
HOUSTON, July 20, 2017 (PCW) — August NYMEX crude futures settled down $0.33/bbl to $46.79/bbl. September Brent at the close of the NYMEX decreased $0.26/bbl at $49.37/bbl.
The September Brent/WTI spread widened to $2.43/bbl favoring Brent. Prompt natural gas futures were down 2.3 cents at $ 3.043 mmBtu. August NYMEX RBOB futures closed at $1.6062/gal, down 1.07 cpg.
August gasoline differentials were mixed versus Wednesday’s levels.
2 CBOB 87 regular was steady at 12.50 cpg under the screen.
BOB 87 was stronger at 8.00 cpg under the screen.
2 CBOB 93 premium was higher at 6.50 cpg over the screen.
BOB 93 was up at 10.50 cpg over the screen.
BOB was weaker at 3.75 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $14.38bbl, $5.41/bbl under the screen. – John Troland