MARKET WATCH: Oil, gas prices end week flat

The New York Mercantile Exchange December crude contract gained 40¢ on Nov. 8, settling at $94.60/bbl. The January 2014 contract increased 41¢ to $94.95/bbl.

Heating oil for December delivery added 3.3¢ to settle at a rounded $2.87/gal on NYMEX. Reformulated gasoline stock for oxygenate blending for December delivery rose slightly more than 5¢ to a rounded $2.55/gal.

The December natural gas contract on NYMEX was up 4¢ to settle at a rounded $3.56/MMbtu. On the US spot market, the gas price at Henry Hub, La., was a rounded $3.53/MMbtu, a 2.2¢ loss.

In London, the December ICE contract for Brent crude oil jumped $1.66 to settle at $105.12/bbl. The January 2014 contract tallied $1.43 to $105.03/bbl. The November contract for ICE gas oil increased $4.50 to $893/tonne.

The Organization of Petroleum Exporting Countries reported its basket of 12 benchmark crudes was $102.12/bbl on Nov. 8, 52¢ lower than the previous day.

Related Articles

WoodMac: US tight-oil market ‘too robust to bust’

03/25/2014 A drop in global oil price levels or a significant widening of the differential between global oil prices and inland realizations are just two of t...

Gorder named Valero chief executive officer


Joe Gorder, Valero Energy Corp. president and chief operating officer, has been named chief executive officer, succeeding Bill Klesse.

Double Eagle changes name, appoints chief executive officer

03/25/2014 Double Eagle Petroleum Co., Denver, has appointed Charles F. Chambers to the position of chairman and chief executive officer, effective Apr. 1. As...

MOL closes purchase of North Sea assets from Wintershall

03/25/2014 MOL Group, Budapest, has completed its transaction with Wintershall, Kassell, Germany, in which MOL acquires offshore assets with 14 licenses in th...

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