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NYMEX Tuesday Wrap: Oil declines, nat gas climbs 2.1 cents
HOUSTON, August 8 2017 (PCW) — September NYMEX crude futures settled down $0.22/bbl to $49.17/bbl. October Brent at the close of the NYMEX decreased $0.19/bbl at $52.13/bbl. The October Brent/WTI spread narrowed $2.78/bbl favoring Brent.
Prompt natural gas futures were up 2.1 cents at $ 2.822 mmBtu. September NYMEX RBOB futures closed at $1.6208gal, down 0.91 cpg.
September gasoline differentials were lower versus Monday’s levels.
2 CBOB 87 regular was lower at 8.50 cpg under the screen.
BOB 87 was lower at 3.75 cpg under the screen.
2 CBOB 93 premium was lower at 8.00 cpg over the screen.
BOB 93 was lower at 12.75 cpg over the screen.
BOB was lower at 0.75 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $14.63 bbl, $4.39/bbl under the screen. – John Troland