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NYMEX Monday Wrap: Crude opens week with decline on Harvey jitters
HOUSTON, August 28 2017 (PCW) — October NYMEX crude futures settled down $1.30/bbl to $46.57/bbl. October Brent at the close of the NYMEX dropped $0.41/bbl at $52.00/bbl.
The October Brent/WTI spread widened to $5.43/bbl favoring Brent. Prompt natural gas futures were up 3.3 cents at $ 2.925/mmBtu. September NYMEX RBOB futures closed at $1.7123/gal, up 4.57 cpg.
September gasoline differentials were largely weaker versus Friday’s’s levels.
2 CBOB 87 regular was lower at 2.50 cpg under the screen.
BOB 87 was weaker at 0.50 cpg over the screen.
2 CBOB 93 premium was down at 12.50cpg over the screen.
BOB 93 fell to 16.00 steady the screen.
BOB was stronger at 6.50 cpg over the screen.
he 3-2-1 crack in the Gulf Coast was $19.27 bbl, $5.20/bbl under the screen. – John Troland