NYMEX crude settled 87 cents lower at $102.71/b Friday in light volume trading amid lackluster US macroeconomic data. NYMEX June product contracts both settled lower upon expiry, led by June ULSD futures, which fell 3.44 cents to end at $2.8846/gal. June RBOB fell 1.71 cents to settle at $2.9965/gal. July ULSD fell 3.17 cents to settle at $2.8882/gal, while July RBOB dropped 2.39 cents to settle at $2.9719/gal. US macroeconomic data Friday was mixed, with Chicago PMI — a key manufacturing index — beating expectations, coming in at 65.5 for May, up from 63 in April. But the Michigan Consumer Sentiment index left a little to be desired, coming in slightly higher at 81.9 in May, but missing economists expectations for a 82.5 reading. “I think that we might be seeing some macro reaction today,” Oil Outlooks President Carl Larry said. “And this could be knocking gasoline and diesel […]