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NYMEX Tuesday Wrap: Crude, nat gas, gasoline extend gains
HOUSTON, August 16, 2016 (PCW) —- September NYMEX crude futures settled up $0.84/bbl to $46.58/bbl. October Brent at the close of the NYMEX increased $0.91/bbl to $49.22/bbl.
The September Brent/WTI spread widened to $2.00/bbl favoring Brent. Prompt natural gas futures were up 2.7 cents at $2.617/mmBtu. September NYMEX RBOB futures closed at $1.4226/gal, up 2.19 cpg.
US Gulf cash gasoline differentials were mostly weaker versus Monday’s levels.
A2 CBOB 87 regular was softer at 5.75 cpg under the screen.
CBOB 87 was lower at 2.00 cpg under the screen.
D2 CBOB 93 premium was steady at 6.50 cpg over the screen.
CBOB 93 was weaker at 11.50 cpg over the screen.
RBOB was down at 0.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.60/bbl, $4.11/bbl under the screen. – John Troland
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