TREE NEWS reports: WTI October crude futures settled down $0.52, or nearly 0.51%, at $101.91 a barrel. Middle East Abu Dhabi Murban crude futures fell 4.05% to $118.80 a barrel. NYMEX October natural gas settled at $2.9010 per million British thermal units, while October gasoline closed at $3.5073 a gallon and heating oil at $5.1139 a gallon.
WTI October Crude Settles Down 0.51% at $101.91 a Barrel
The divergence between WTI's modest decline and the far sharper drop in Abu Dhabi Murban is the notable signal here, pointing to pressure specific to Middle East benchmarks rather than a uniform move across the crude complex. The broader energy strip — natural gas, gasoline and heating oil — settled in the same session, so the weakness reads as concentrated rather than a demand story across fuels. Whether the Murban spread continues to widen against WTI is the open question.
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