NYMEX futures down as power restored

摘要

New York—NYMEX December RBOB futures pared gains and settled 33 points higher at $2.6336/gal November 1, as some refineries returned to service in the wake of Sandy, while the Colonial Pipeline’s Linden, New Jersey, terminal was expected to soon resume deliveries. December RBOB fell from a session high of $2.6726/gal after US government data showed a build in gasoline stocks last week, while remaining in positive territory. But late in the session RBOB turned briefly negative on news that Colonial Pipeline’s Linden, New Jersey, terminal should have partial power and deliveries from Colonial and Buckeye into that area should also resume later in the day. December crude futures settled 85 cents higher at $87.09/b and ICE December Brent ended 53 cents lower at $108.17/b.