TREE NEWS reports: WTI November crude futures settled up $0.19, or more than 0.20%, at $92.60 a barrel, with a sharp short-term pullback around 00:00 Beijing time. Middle East benchmark Abu Dhabi Murban crude futures rose 7.35% to $121.43 a barrel. NYMEX October natural gas settled at $3 per million British thermal units, while October gasoline closed at $3.3377 a gallon and heating oil at $4.7553 a gallon.
WTI November Crude Settles at $92.60 a Barrel, Abu Dhabi Murban Jumps 7.35%
AI take
The divergence is the story: WTI's marginal gain next to Murban's 7.35% jump points to a Middle East-specific premium rather than broad crude strength, a spread that matters most to Asian refiners benchmarked to Murban. It also sits awkwardly against softer refined-product and natural gas settlements, suggesting the move is concentrated in one grade rather than a wider energy bid. Whether that gap reflects a genuine supply concern or a thin, short-lived dislocation is the open question.
Generated by AI for reference only.
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