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NYMEX Tuesday Wrap: Crude, gasoline stumble; nat gas rallies
HOUSTON, August 1 2017 (PCW) — September NYMEX crude futures settled down $1.01/bbl to $49.16/bbl. October Brent at the close of the NYMEX decreased $0.94/bbl at $51.78/bbl.
The October Brent/WTI spread widened $2.49/bbl favoring Brent. Prompt natural gas futures were up 2.5 cents at $ 2.819 mmBtu. September NYMEX RBOB futures closed at $1.6613/gal, down 1.53 cpg.
September gasoline differentials were stronger versus Monday’s levels.
A2 CBOB 87 regular was higher at 9.50 cpg under the screen.
BOB 87 was up at 4.75 cpg under the screen.
2 CBOB 93 premium was stronger at 9.25 cpg over the screen.
BOB 93 was up at 14.00 cpg over the screen.
BOB rose to 1.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $15.79 bbl, $4.54/bbl under the screen. – John Troland