This Week’s Market Buzz

•    West Texas Intermediate crude for November delivery 98 cents, or 1.8%, to settle at $52.64 a barrel on the New York Mercantile Exchange. December Brent, the global benchmark, declined by $1.20, or 2%, to $57.69 a barrel on ICE Futures Europe. Both crude benchmarks marked the lowest front-month contract settlements since Aug. 8, according to FactSet data.

•    Emerge Energy Services LP urged the judge overseeing its bankruptcy to overrule objections by the committee for its unsecured creditors to disclosures of its reorganization plan, saying in a filing there was nothing amiss about how the plan was negotiated with note-holders as the committee has suggested.

•    Winona, Minn., docks shipped a small amount of frac sand last year, according to reports released by the city this past summer. CD Corp., which leases and operates the city-owned docks, shipped 9,218 tons in 2017 and 15,524 tons in 2018. “It looks like, by the tonnage, a handful of barges each year – nothing compared to previous years,” Winona Economic Development Coordinator Myron White said, in an article in the Winona Post.

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