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NYMEX Friday Wrap: Crude, gasoline close week with gains; nat gas slides
HOUSTON, August 18, 2017 (PCW) -- September NYMEX crude futures settled up $1.42/bbl at $48.51/bbl. October Brent at the close of the NYMEX increased $1.82/bbl to $52.75/bbl.
The October Brent/WTI spread widened to $4.09/bbl favoring Brent. Prompt natural gas futures were down 3.6 cents at $ 2.893/mmBtu. September NYMEX RBOB futures closed at $1.6240/gal, increased 3.71 cpg.
September gasoline differentials were mixed versus Thursday’s levels.
A2 CBOB 87 regular was steady at 9.50 cpg under the screen.
CBOB 87 was stronger at 5.25 cpg under the screen.
D2 CBOB 93 premium was up at 8.50 cpg over the screen.
CBOB 93 was higher at 13.25 cpg over the screen.
RBOB was weaker at 3.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.06/bbl, $6.59/bbl under the screen. -- John Troland