Pull Back Continues for Crude



Brent and WTI continued to retrace the gains of the prior week with both falling nearly 2 percent Tuesday.

Light sweet crude for April delivery on the NYMEX fell $2.01 to $106.55 per barrel. April futures on the ICE for Brent crude settled at $121.55 per barrel, a drop of $2.62 per barrel compared to Monday.

April reformulated gasoline blendstock, RBOB, lost 8 cents to finish at $3.22 per gallon.

Natural gas also lost 8 cents to settle at $2.52 per MMBtu for the April Henry Hub contract. With a loss of over 3 percent versus Monday's close, natural gas finished weaker than most other energy futures.



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