Nymex To Decrease Margins On Crude, Heating Oil, Gasoline

The New York Mercantile Exchange will lower the margins on its crude oil, heating oil and unleaded gasoline futures contracts as of the close of business today.

Margins on each of the three contracts will be decreased for clearing members to $3,000 from $4,000; for members, to $3,300 from $4,400; and, for customers, to $4,050 from $5,400.