Crude Extends its Losses as World Bank Issues Gloomy Forecast

摘要

Nymex July futures extended their recent losses Monday, falling $2.62 to $66.93 per barrel on economic uncertainty and fragile gasoline prices. The August contract, which takes over as front month Tuesday, traded at higher volumes, down $2.52 at $67.50. August Brent on ICE Futures fell $2.21 to $66.98.