Turbulent rBOB lower following Quebec rail crash

摘要

New York-NYMEX August RBOB settled down 1.31 cents at $2.8837/gal Monday in a vola- tile day of trading that saw the front-month contract drive to an intraday high of $2.9245/ gal before whipsawing lower. Front-month RBOB raced higher earlier in the session as the market digested the impact of Saturday's fatal explosion in Quebec of a unit train carrying crude oil to Irving Oil's Saint John, New Brunswick, refinery.