Nymex reformulated gasoline blendstock for January RBF5, +0.79% the benchmark gasoline contract—fell nearly 2 cents, or 1.3%, to $1.435 a gallon. That’s 48% lower than the most actively traded contract this time last year, which settled at $2.786 a gallon.Gasoline Market Update
Nymex reformulated gasoline blendstock for January RBF5, +0.79% the benchmark gasoline contract—fell nearly 2 cents, or 1.3%, to $1.435 a gallon. That’s 48% lower than the most actively traded contract this time last year, which settled at $2.786 a gallon.Oil Market Update
Crude-oil prices finished 2014 down 46% lower as a selloff in oil markets continued Wednesday even as U.S. data showed a greater-than-expected decline in inventory.On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG5, -0.76% fell 85 cents, or 1.6%, to settle at $53.27 a barrel. This time last year, the most-active crude contract settled at $98.42 a barrel, according to FactSet data.
Copper Market Update
High-grade copper for March delivery HGH5, -0.98% declined 3 cents, or 1%, to just under $2.83 a pound. Copper futures recently fell to their lowest level since June 2010, and are down 17% for the year.
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