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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with losses
HOUSTON, August 14 2017 (PCW) — September NYMEX crude futures settled down $1.23/bbl to $47.59/bbl. October Brent at the close of the NYMEX decreased $1.38/bbl at $50.72/bbl.
The October Brent/WTI spread narrowed $2.99/bbl favoring Brent. Prompt natural gas futures were down 2.4 cents at $ 2.959 mmBtu. September NYMEX RBOB futures closed at $1.5767 gal, down 3.63 cpg.
September gasoline differentials were mixed versus Friday’s levels.
2 CBOB 87 regular was steady at 8.75 cpg under the screen.
BOB 87 was firm at 4.75 cpg under the screen.
2 CBOB 93 premium was stronger at 8.75 cpg over the screen.
BOB 93 was higher at 13.25 cpg over the screen.
BOB was weaker at 1.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $13.55 bbl, $5.49/bbl under the screen. – John Troland