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NYMEX Monday Wrap: Oil edges lower, nat gas rises
HOUSTON, August 7 2017 (PCW) — September NYMEX crude futures settled down $0.19/bbl to $49.39/bbl. October Brent at the close of the NYMEX decreased $0.12/bbl at $52.32/bbl. The October Brent/WTI spread WIDENED $2.87/bbl favoring Brent.
Prompt natural gas futures were up 2.9 cents at $ 2.801 mmBtu.
September NYMEX RBOB futures closed at $1.6299gal, down 1.64 cpg. September gasoline differentials were mostly steady versus Friday’s levels.
2 CBOB 87 regular was steady at 8.00 cpg under the screen.
BOB 87 was steady 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 higher at 0.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $14.95 bbl, $4.25/bbl under the screen. – John Troland