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NYMEX Tuesday Wrap: Crude posts mixed results, gasoline rises again

HOUSTON, August 29, 2017 (PCW) — October NYMEX crude futures settled down $0.13/bbl to $46.44/bbl. October Brent at the close of the NYMEX increased $0.02/bbl to $51.91/bbl.

The October Brent/WTI spread widened to $5.47/bbl favoring Brent. Prompt natural gas futures were down 3.6 cents at $ 2.961/mmBtu. September NYMEX RBOB futures closed at $1.7833/gal, up 7.10 cpg.

September gasoline differentials were higher versus Monday’s levels.

A2 CBOB 87 regular was higher at 1.50 cpg under the screen. CBOB 87 was higher at 4.50 cpg over the screen. D2 CBOB 93 premium was higher at 16.50 cpg over the screen. CBOB 93 was higher at 20.00 over the screen. RBOB was higher at 6.00 cpg under the screen.

The 3-2-1 crack in the Gulf Coast was $22.97 bbl, $4.08/bbl under the screen. – John Troland

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