MARKET WATCH: Oil prices up, gas down in mixed markets

The September contract for benchmark US light, sweet crudes jumped $2.57 to $105.97/bbl Aug. 9 on the New York Mercantile Exchange. The October contract also made gains, up $2.29 to $105.16/bbl.

Heating oil for September delivery gained 3.6¢ to settle at a rounded $2.99/gal on NYMEX. Reformulated stock for oxygenate blending for the same month increased 5¢ to a rounded $2.91/gal.

The September natural gas contract decreased 6.7¢ to close at $3.23/MMbtu on NYMEX. On the US spot market, gas at Henry Hub, La., gained 5¢ to $3.32/MMbtu.

In London, the September IPE contract for North Sea Brent rose $1.54 to $108.22/bbl. Gas oil for August was up $7.75 to $903.75/tonne.

The average price for the Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes increased 47¢ Aug. 9 to $104.94/bbl.

Related Articles

DOE approves LNG exports to non-FTA countries from Oregon project

03/24/2014 The US Department of Energy conditionally approved Jordan Cove Energy Project LP’s application to export LNG through its proposed terminal on Orego...

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.

HSC remains closed, fuel cleanup continues after barge collision

03/24/2014 The Houston Ship Channel (HSC) remained closed to unauthorized vessels Mar. 24 as the result of a temporary emergency safety zone being established...

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

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