U.S. crude oil closed down about 1.4%, hitting a new closing low since early May

Wallstreetcn
2025.10.16 18:41

WTI November crude oil futures closed down $0.81, a decrease of 1.39%, at $57.46 per barrel, approaching the closing price of $56.94 on May 7, $56.28 on May 5, and the intraday low of $54.16 on April 9.

NYMEX November natural gas futures closed at $2.9380 per million British thermal units.

NYMEX November gasoline futures closed at $1.8117 per gallon, and NYMEX November heating oil futures closed at $2.1535 per gallon