NYMEX product futures settled sharply lower Monday amid demand growth concerns fueled by steep declines in US equity markets. NYMEX September ULSD settled down 5.46 cents at $1.8356/gal and September RBOB settled 6.35 cents lower at $1.7180/gal. US equity markets were sharply lower Monday after Beijing announced it would suspend purchases of US agricultural products. The Dow Jones Industrial Average was down around 845 points at the close of oil trading.
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