NYMEX Monday Wrap: Oil drops below $40, natgas rises

NYMEX Monday Wrap: Oil drops below , natgas rises
May NYMEX crude futures settled down 58 cents at $39.78/bbl. June Brent at the close of the NYMEX was down 11 cents at $42.89/bbl. The June Brent/WTI spread widened to $1.70/bbl favoring Brent. (See story.)
Source: PetroChem Wire
NYMEX Monday Wrap: Oil drops below , natgas rises
May NYMEX crude futures settled down 58 cents at $39.78/bbl. June Brent at the close of the NYMEX was down 11 cents at $42.89/bbl. The June Brent/WTI spread widened to $1.70/bbl favoring Brent. (See story.)