Commodity Closing – Europe/Oil-Gas Majors 20.11.18
NEW YORK – Oil prices tumbled about 7 percent on Tuesday, with U.S. crude plunging to its lowest level in more than a year, caught in a broader Wall Street selloff that was fed by rising concerns in markets about slowing global economic growth. U.S. West Texas Intermediate (WTI) crude futures were down $3.90, or 6.8 percent, at $53.30 per barrel by 2:01 p.m. EST (1901 GMT). The contract fell as much as 7.7 percent earlier in the session to $52.77 a barrel, the lowest since October 2017. So far in today’s US session, more than 868,000 front-month WTI contracts had changed hands, exceeding the daily average. Brent crude futures fell $4.50, or 6.7 percent, to $62.29 a barrel. The international benchmark fell as much as 7.6 percent to $61.71, the lowest level since December 2017.
| NYMEX Crude Oil |
53.46 USD
|
-3.74
|
-7.00% | |||
| ICE Brent Crude |
62.54 USD
|
-4.25
|
-6.80% | |||
| NYMEX RBOB Gasoline |
1.50 USD
|
-0.09
|
-5.82% | |||
| Dubai Crude Spot |
61.37 USD
|
-4.42
|
-7.20% | |||
| ICE Gas Oil |
607.00 USD
|
-23.50
|
-3.87% | |||
| NYMEX No2 Heating Oil |
1.99 USD
|
-0.09
|
-4.75% | |||
| NYMEX Nat Gas |
4.53 USD
|
-0.17
|
-3.84% | |||
| ICE NBP Nat Gas |
67.20 GBP
|
+0.29
|
+0.43% |