Oil, Gasoline, NG Prices Settle Lower Monday
The settlement price for the April light sweet crude oil futures contract on the NYMEX fell to $79.80 Monday, down from Friday's settlement of $81.24 a barrel. The oil price peaked at $81.31 Monday and reached a low of $79.13.
Also losing ground was the settlement price for RBOB Gasoline Futures, which fell four cents to $2.22 from Friday. The April futures price ranged from $2.26 to $2.20 during trading.
The Henry Hub Natural Gas Futures price settled at $4.39 Monday, down one cent from the previous trading day. The gas price reached a high of $4.45 and a low of $4.38.