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NYMEX Wednesday Wrap: Crude, nat gas, RBOB finish lower
HOUSTON, August 10, 2016 (PCW) — September NYMEX crude futures settled down $1.06/bbl to $41.71/bbl. October Brent at the close of the NYMEX decreased $0.95/bbl to $44.03/bbl.
The September Brent/WTI spread widened to $1.57/bbl favoring Brent. Prompt natural gas futures were down 5.4 cents at $2.561/mmBtu. September NYMEX RBOB futures closed at $1.3014/gal, down 4.48 cpg.
US Gulf cash gasoline differentials were weaker versus Tuesday’s levels.
A2 CBOB 87 regular was lower at 2.75 cpg under the screen.
CBOB 87 was softer at 1.00 cpg over the screen.
D2 CBOB 93 premium was down at 7.25 cpg over the screen.
CBOB 93 was weaker at 13.00 cpg over the screen.
RBOB fell to 2.25 cpg over the screen.
The 3-2-1 crack in the Gulf Coast was $9.67/bbl, $3.52/bbl under the screen. – John Troland
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