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NYMEX Tuesday Wrap: Crude, nat gas extend losses; gasoline rallies
HOUSTON, August 15 2017 (PCW) — September NYMEX crude futures settled down $0.04/bbl to $47.55/bbl. October Brent at the close of the NYMEX increased $0.08/bbl at $50.81/bbl.
The October Brent/WTI spread widened $3.11/bbl favoring Brent. Prompt natural gas futures were down 2.4 cents at $ 2.935 mmBtu. September NYMEX RBOB futures closed at $1.5795 gal, up 0.28 cpg.
September gasoline differentials were steady versus Monday’s levels.
2 CBOB 87 regular was firm at 8.75 cpg under the screen.
BOB 87 was steady at 4.75 cpg under the screen.
2 CBOB 93 premium was unchanged at 8.75 cpg over the screen.
BOB 93 was steady at 13.25 cpg over the screen.
BOB was firm at 1.50 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $13.64 bbl, $5.43/bbl under the screen. – John Troland