NYMEX oil drops as funds liquidate and dollar gains

摘要

New York-New York Mercantile Exchange July crude oil futures settled $2.64 lower June 10 at $99.29/b as fund liquidation was sparked by gains in the US dollar and a report of an upcoming increase in Saudi Arabian oil production. NYMEX July heating oil settled 3.27 cents lower at $3.1051/gal, while July RBOB fell 2.21 cents to settle at $3.0177/gal. On ICE, July Brent settled 79 cents lower at $118.78/b.