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NYMEX Monday Wrap: Crude, gasoline open week with losses; nat gas moves up
HOUSTON, August 21 2017 (PCW) — September NYMEX crude futures settled down $1.14/bbl to $47.37/bbl. October Brent at the close of the NYMEX decreased $1.24/bbl at $51.51/bbl.
The October Brent/WTI spread narrowed $3.98/bbl favoring Brent. Prompt natural gas futures were up 6.9 cents at $ 2.962 mmBtu. September NYMEX RBOB futures closed at $1.5741 gal, decreased 3.99 cpg.
September gasoline differentials were mostly weaker versus Friday’s levels.
A2 CBOB 87 regular was lower at 10.00 cpg under the screen.
BOB 87 was down at 5.75 cpg under the screen.
2 CBOB 93 premium was softer at 8.00 cpg over the screen.
BOB 93 fell to 12.75 cpg over the screen.
BOB was stronger at 3.00 cpg under the screen.
he 3-2-1 crack in the Gulf Coast was $11.80 bbl, $7.18/bbl under the screen. – John Troland