Crude futures settled lower Monday after euphoria that led to a short-lived bounce from weekend Greek elections faded as investors resumed concerns regarding eurozone debt.
NYMEX July crude futures settled 76 cents lower at $83.27/barrel after popping to a $85.60/b session high in early trade. ICE August Brent settled down $1.56 at $96.05/b.
NYMEX July heating oil settled 2.88 cents lower at $2.6177/gal and July RBOB settled down 4.08 cents at $2.6609/gal.
