MARKET WATCH: Crude oil futures price again dips below $95/bbl

The New York Mercantile Exchange January crude contract lost 60¢ on Nov. 22, settling at $94.84/bbl. The February contract fell 54¢ to settle at $95.15/bbl.

Heating oil for December delivery edged up 3.46¢ to settle at a rounded $3.04/gal on NYMEX. Reformulated gasoline stock for oxygenate blending for December delivery edged down 1.77¢ to a rounded $2.73/gal.

The December natural gas contract on NYMEX gained 6.6¢, settling at a rounded $3.77/MMbtu. On the US spot market, the gas price at Henry Hub, La., was a rounded $3.78/MMbtu on Nov. 22, a 10.2¢ increase.

In London, the January ICE contract for Brent crude oil added 97¢, settling at $111.05/bbl. The ICE gas oil contract for December jumped $14.50 to $937.75/tonne.

The Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes rose $1.33 on Nov. 22 to settle at $106.73/bbl.

Related Articles

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...

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


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

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

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