New York-December crude futures on the New York Mercantile Exchange rose 54 cents to 59.35/barrel October 24, spurred by gains in the gasoline markets.Trade buying in gasoline triggered buy stops in the December RFG contract, while the front of the curve moved into contango ahead of the November contract expiration October 27, an indication that supply in New York Harbor, the contract's delivery point, is ample.
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