May WTI crude oil settled down 0.05 cents, or 0.05%, while May RBOB gasoline rose 2.97 cents, or 0.98%, leaving the energy complex mixed on the day. WTI fell to a 3-week low as crude prices came under pressure following an AP report, though the article excerpt does not provide the full catalyst. The move appears routine for the futures market rather than a broad macro shock.
May WTI crude oil settled down 0.05 cents, or 0.05%, while May RBOB gasoline rose 2.97 cents, or 0.98%, leaving the energy complex mixed on the day. WTI fell to a 3-week low as crude prices came under pressure following an AP report, though the article excerpt does not provide the full catalyst. The move appears routine for the futures market rather than a broad macro shock.
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