Gasoline/CHF

Oil fell below $70 as the physical market for crude signaled that supplies are more than adequate to meet tepid demand. West Texas Intermediate’s June-July cash roll, which reflects crude supply balances at Cushing, Oklahoma, dropped to a discount of 30 cents a barrel, indicating lower demand for barrels being delivered in June than in July. Stockpiles at ...

International derivatives marketplace CME Group has published a notice of disciplinary action against Wildhawk Energy, Inc. Pursuant to an offer of settlement, in which Wildhawk Energy, Inc. neither admitted or denied the Rule violations or factual findings upon which the penalty is based, a Panel of the NYMEX Business Conduct Committee found that in March ...