We have not seen a day like yesterday, in a while. It was an absolute rout in the energy complex. The expiring RBOB futures contract saw a crash in prices, falling upwards of 13 cents per gallon, and both WTI and Brent crude oil prices fell over $3.00 per barrel. Weak cash market prices helped pull down RBOB prices, which had seen strength from some refinery snags of late and alleged issues last week with a pipeline operator.
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