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NYMEX Tuesday Wrap: Crude, gasoline rally, nat gas softens
HOUSTON, August 22, 2017 (PCW) -- September NYMEX crude futures settled up $0.27/bbl to $47.64/bbl. October Brent at the close of the NYMEX increased $0.36/bbl to $51.87/bbl. The October Brent/WTI spread widened to $4.04/bbl favoring Brent.
Prompt natural gas futures were down 2.3 cents at $2.939/mmBtu. September NYMEX RBOB futures closed at $1.5908/gal, up 0.67 cpg.
September gasoline differentials were mixed versus Monday’s levels.
A2 CBOB 87 regular was higher at 9.50 cpg under the screen.
CBOB 87 was down at 6.50 cpg under the screen.
D2 CBOB 93 premium was lower at 5.50 cpg over the screen.
CBOB 93 was down at 9.00 cpg over the screen.
RBOB was higher at 2.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.49 bbl, $6.69/bbl under the screen. -- John Troland