Stay Connected
1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Market Journal 2009 P

  • 05/25/2009 -- Crude tops $62/bbl
    On May 20, its first day in the front month position, the July contract for benchmark US sweet, light crudes escalated $1.94 to $62.04/bbl on the New York Mercantile Exchange, marking the first closing above $60/bbl since early November.
  • 05/11/2009 -- A May rally in energy prices
    Energy prices rallied in early May with natural gas climbing above $4/MMbtu and crude at one point topping $58/bbl—a new high for the year.
  • 02/16/2009 -- WTI, Brent spread widens
    Front-month oil prices fell in mid-February to the lowest closing since late December on NYMEX but at the same time increased on ICE futures in Europe, widening the spread between WTI and North Sea Brent.
  • 07/20/2009 -- Gas market seeks sign
    Four consecutive weeks of smaller-than-expected injections of natural gas into US storage triggered a 12% price jump for the front-month contract on the New York Mercantile Exchange in mid-July in what some hoped might be the first sign that well shut-ins and reduced drilling may be decreasing supply.
  • 11/09/2009 -- DB: Markets are between recessions
    The recession appears to have ended in June, “although not officially declared yet,” said analysts with Deutsche Bank AG, London.
file