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NYMEX Friday Wrap: Crude ends week with a gain, nat gas down
HOUSTON, August 4 2017 (PCW) — September NYMEX crude futures settled up $0.55/bbl to $49.58/bbl. October Brent at the close of the NYMEX increased $0.31/bbl at $52.44/bbl. The October Brent/WTI spread narrowed $2.71/bbl favoring Brent.
Prompt natural gas futures were down 2.6 cents at $ 2.774 mmBtu. September NYMEX RBOB futures closed at $1.6463gal, up 1.44 cpg.
September gasoline differentials were steady to higher versus Thursday’s levels.
2 CBOB 87 regular was higher at 8.00 cpg under the screen.
BOB 87 was up at 3.25 cpg under the screen.
2 CBOB 93 premium was steady at 8.50 cpg over the screen.
BOB 93 was steady at 13.25 cpg over the screen.
BOB was steady at 0.75 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $15.06 bbl, $4.26/bbl under the screen. – John Troland