New York—NYMEX April crude futures settled$2.02 lower at $104.70/b March 6, erasinggains from the past two weeks as concerns overglobal economic stability and growth mounted.April heating oil settled $2.92 lower at$3.1882/gal, and April RBOB settled down2.81 cents at $3.2299/gal. ICE April Brentfell $1.82 to $121.98/b.The ICE Brent backwardation narrowedMarch 6, reflecting the more bearish outlook.April ICE Brent settled at a 57 cents/b premiumto May, down from 86 cents/b the prior day.
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