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Macro

WTI November crude settles at $91.85 a barrel

WTI November crude futures settled at $91.85 a barrel, while Abu Dhabi Murban crude futures fell 1.80% to $108.48 a barrel, down 2.11% for the week. NYMEX November natural gas settled at $3.22 per million British thermal units, gasoline at $3.2952 a gallon and heating oil at $4.7384 a gallon.

Original source

AI take

The divergence between WTI and Murban is the notable signal here: a Middle East benchmark falling on the week while US crude holds a firm settle points to regional rather than global pressure. For anyone tracking energy-linked RWA exposure, the read-across sits in the refined products — gasoline and heating oil settling at these levels shape the crack spread economics that underpin tokenized commodity structures. Whether Murban's weekly decline extends or proves a one-off is the open question.

Generated by AI for reference only.

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