TREE NEWS reports: WTI October crude futures settled $1.19 lower, down more than 1.24%, at $94.59 a barrel. Middle East Abu Dhabi Murban crude futures rose 3.80% to $114.20 a barrel. NYMEX October natural gas settled at $2.9650 per million British thermal units, while October gasoline settled at $3.4875 a gallon and heating oil at $4.9421 a gallon.
WTI October Crude Settles Down 1.24% at $94.59 a Barrel
AI take
The divergence is the story: WTI slipping while Abu Dhabi Murban jumps 3.8% points to a market pricing regional supply risk into Gulf grades rather than a broad crude move. That split matters most for refiners and physical buyers with Gulf exposure, since product cracks — gasoline and heating oil — settled without the same stress. Whether Murban's premium persists or WTI catches down to it is the open question.
Generated by AI for reference only.
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