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NYMEX Monday Wrap: Oil tops $46, nat gas drops 7.1 cents

HOUSTON, July 24 2017 (PCW) —- September NYMEX crude futures settled up $0.57/bbl to $46.34/bbl. September Brent at the close of the NYMEX increased $0.38/bbl at $48.58/bbl. The September Brent/WTI spread narrowed to $2.24/bbl favoring Brent.

Prompt natural gas futures were down 7.1 cents at $ 2.899 mmBtu. August NYMEX RBOB futures closed at $1.5568/gal, down 0.65 cpg.

August gasoline differentials were higher versus Friday’s levels.

he 3-2-1 crack in the Gulf Coast was $13.53 bbl, $5.11/bbl under the screen. – John Troland

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