Crude futures settled lower Monday after gains fueled by the extension of nuclear talks between Western powers and Iran were pared toward the close of the trading session. The ICE January Brent futures contract settled 68 cents lower at $79.68/b. Prompt NYMEX crude futures settled 73 cents lower at $75.78/b. ICE January Brent traded as high as $80.85/b before settling just three cents above its intraday low. NYMEX January crude swung as high as $77.02/b. NYMEX refined products also finished the day in negative territory. December ULSD futures settled down 90 points at $2.3955/gal, while December RBOB futures closed 2.31 cents lower at $2.0334/gal. The foreign ministers of Iran and the five permanent members of the UN Security Council plus Germany were meeting in Vienna […]