On Nymex, April gasoline RBJ5, +1.34% fell 8.1 cents, or 4.1%, to end at $1.897 a gallon and April heating oil HOJ5, +0.82% settled at $1.887 a gallon, down 8.6 cents, or 4.4%. Futures prices for both products scored double-digit percentage gains for the month of February.
Also on Nymex, April natural gas NGJ15, -0.82% fell 3.6 cents, or 1.3%, to settle at $2.698 per million British thermal units.
On the New York Mercantile Exchange, crude futures for delivery in April CLJ5, +0.73% fell 17 cents, or 0.3%, to settle at $49.59 a barrel. Prices had spent much of Monday’s trading session above the $50 mark, but turned lower in the last half hour of the trading session as losses for Brent crude intensified.
April Brent crude on London’s ICE Futures exchange LCOJ5, +1.46% dropped $3.04, or 4.9%, to settle at $59.54 a barrel.
Elsewhere in metals trading Monday, April platinum PLJ5, -0.36% rose $4.30 to $1,189.90 an ounce. June palladium PAM5, -0.72% tacked on $11.60 to $831.10 an ounce.
May copper HGK5, -1.13% added less than a cent to $2.6975 a pound.