Oil futures down on Chinese data, US equities rout

摘要

New York—Oil futures settled lower Monday as concerns about the global economy were exacerbated by weak Chinese industrial data and tumbling US equities. NYMEX November crude settled down $1.27 at $44.43/b. ICE November Brent settled $1.26 lower at $47.34/b. In refined product activity, NYMEX October ULSD settled 4.53 cents lower at $1.4772/ gal, while NYMEX October RBOB settled down 4.71 cents at $1.3488/gal.