October RBOB corrected sharply Friday, settling 5.61 cents lower at $2.6619/gal, partly erasing a two-day rally that saw the prompt contract trade as high as $2.7577/gal. Prompt RBOB traded as low as $2.6308/gal early in Friday’s session. NYMEX November crude settled up $1.01 at $93.54/barrel, despite strong headwinds in the form of a stronger US dollar. ICE November Brent settled unchanged at $97/b. The prompt Brent/NYMEX crude spread settled at $3.46/b. NYMEX October ULSD settled near flat, up 47 points at $2.7005/gal. Article continues below… Platts Global Alert is a complete real-time information service for the global energy industry, providing breaking reports of deals done, price indicators for crude and products and more than 200 end-of-day assessments. RBOB’s downward move could be related to the expiration of October options Thursday, signaling that any squeeze play in the market was likely tied to […]