MARKET WATCH: Crude oil futures jump above $95/bbl

The New York Mercantile Exchange January 2014 crude contract jumped $1.59 on Nov. 21 to settle at $95.44/bbl—its highest settlement since Oct. 31. The February contract rose $1.57, settling at $95.69/bbl.

Heating oil for December delivery was increased 5.22¢ to settle at a rounded $3.01/gal on NYMEX. Reformulated gasoline stock for oxygenate blending for December delivery moved up 8.08¢ to a rounded $2.74/gal.

The December natural gas contract on NYMEX added 2.8¢ to settle at a rounded $3.70/MMbtu. On the US spot market, the gas price at Henry Hub, La., was a rounded $3.68/MMbtu, tallying 5.8¢ more than the previous day.

In London, the January 2014 ICE contract for Brent crude oil gained $2.02, settling at $110.08/bbl. The ICE gas oil contract for December gained $12.25 to $923.25/tonne.

The Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes was $105.40/bbl on Nov. 21, an 82¢ rise.

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