MARKET WATCH
Crude oil futures prices continue to climb ahead of US holiday

By OGJ editors
HOUSTON, Jan. 17 -- Crude oil futures prices continued to climb Jan. 14 ahead of Monday's US holiday commemorating civil rights leader Martin Luther King. The New York Mercantile Exchange will reopen for trading Jan. 18.

The February contract for benchmark US light, sweet crudes closed Jan. 14 up by 34¢ to $48.38/bbl on NYMEX, while the March contract also gained 34¢ to $48.53/bbl.

Heating oil for February delivery rose 0.98¢ to $1.3509/gal on NYMEX. Gasoline for the same month was up by 2.15¢ to $1.2761/gal.

The February natural gas contract lost 5¢ to $6.395/MMbtu Jan. 14 on NYMEX.

The average price for OPEC's basket of seven crudes advanced by 77¢ to $41.80/bbl Jan. 14.

Related Articles

Financial questions seen for US shale gas, tight-oil plays

03/25/2014 Financial problems of operators in US shale gas and tight oil plays might hold production growth below current expectations, according to the autho...

MARKET WATCH: Front-month crude oil contract closes up, gas down on week

03/24/2014

The front-month crude oil contract ended the week higher Mar. 21 while natural gas futures prices edged slightly lower.

Industry group welcomes most UK budget moves

03/21/2014 Oil & Gas UK voiced support for all but one of several measures affecting the offshore producing industry announced in the UK government’s annu...

MARKET WATCH: Crude oil, gas futures prices slide entering spring

03/21/2014

The first day of spring in the northern hemisphere was marked by lower crude oil and natural gas futures prices.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected