MARKET WATCH: Crude, gas prices continue upward swing

The September contract for benchmark US light, sweet crudes on the New York Mercantile Exchange climbed 48¢ to $107.33/bbl Aug. 15 on the New York Mercantile Exchange. NYMEX crude prices for September swung $1.27/bbl throughout the session. The October contract rose 63¢ to $107.19/bbl.

Heating oil for September delivery edged up 2.5¢ to settle at $3.07/gal on NYMEX. Reformulated stock for oxygenate blending for the same month was up less than a penny to settle at a virtually unchanged $2.98/gal.

The September natural gas contract increased 7.7¢ to close at a rounded $3.42/MMbtu on NYMEX. On the US spot market, gas at Henry Hub, La., fell 3¢ to $3.33/MMbtu.

In London, the September IPE contract for North Sea Brent rose 91¢ to $111.11/bbl. The September contract for gas oil settled at $937.25/tonne, up $11.25.

The average price for Aug. 15 for the Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes increased $1.27 to $107.96/bbl.

Related Articles

Shell submits revisions to its 2015 Chukchi Sea exploration plan

08/29/2014 Shell Offshore Inc. submitted revisions to its previously approved Chukchi Sea exploration plan on Aug. 28, a spokesman for the company confirmed. ...

BLM announces California oil, gas strategy as CCST issues report

08/29/2014 The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiv...

MARKET WATCH: Crude oil futures end trading session higher in New York

08/29/2014

Crude oil futures prices trended upwards Aug. 28, ending the day’s trading session higher, while the ICE contract for Brent retreated.

EIA: US sees lowest pre-Labor Day gasoline prices in 4 years

08/29/2014 US retail prices for regular gasoline averaged $3.45/gal on Aug. 25, which was lowest price on a Monday preceding the Labor Day holiday in the US s...

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