MARKET WATCH: Crude oil futures end week below $90/bbl

The New York Mercantile Exchange November crude oil contract fell $1.27 on Oct. 3, closing at $89.74/bbl, while the December contract dripped $1.21 to $88.67/bbl.

The natural gas contract for November climbed 10.7¢ to a rounded $4.04/MMbtu. The cash price at Henry Hub, La., was $3.95, down 4¢.

Heating oil for November delivery dropped 2.17¢ to a rounded $2.62/gal. Reformulated gasoline stock for oxygenate blending for November declined 3.06¢ to a rounded $2.38/gal.

The November ICE contract for Brent crude delivery fell $1.11 to close at $92.31/bbl. The December contract was down $1.12 to $92.88/bbl. The ICE gas oil contract for October lost $7.50, settling at $778.25/tonne.

The average price for OPEC’s basket of 12 benchmark crudes was 90.33/bbl on Oct. 3, losing 7¢.

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