MARKET WATCH: Oil futures prices fall below $57/bbl in New York
Nov. 12, 2019
Crude oil futures prices fell below $57/bbl in New York on Nov. 11 and Brent crude oil remained just above $62/bbl. The light, sweet crude contract for December on the New York Mercantile Exchange was down 38¢ to $56.86/bbl on Nov. 11.
Crude oil futures prices fell below $57/bbl in New York on Nov. 11 and Brent crude prices remained just above $62/bbl.
The light, sweet crude contract for December on the New York Mercantile Exchange was down 38¢ to $56.86/bbl on Nov. 11. The January contract was down 36¢ to settle at $56.90/bbl.
Brent crude oil for January was down 33¢ to $62.18/bbl on London’s International Commodity Exchange. The February contract was down 32¢ to $61.30/bbl.
The NYMEX natural gas price for December lost 15.2¢ to a rounded $2.64/MMbtu. The January contract was down 14.5¢ to a rounded $2.73/MMbtu.
Ultralow-sulfur diesel for December decreased a rounded less than a penny to a rounded $1.91/gal. The NYMEX reformulated gasoline blendstock for December fell a rounded 2.4 ¢ to $1.61/gal.
The gas oil contract for November was $583.50/tonne on Nov. 11, up $7.
The Organization of Petroleum Exporting Countries’ basket of crudes for Nov. 11 was $62.26/bbl, up 28¢ from Nov. 8.
