MARKET WATCH: Oil, gas futures prices end week lower

The New York Mercantile Exchange January crude contract closed the week down on Dec. 13, losing 90¢ to close at $96.60/bbl. The February contract lost 89¢ to settle at $98.66/bbl.

Heating oil for January delivery edged down less than a cent, settling at a rounded $2.98/gal. Reformulated gasoline stock for oxygenate blending for January delivery also edged down less than a penny to a rounded $2.63/gal.

The January natural gas contract on NYMEX fell 5.8¢ to settle at a rounded $4.35/MMbtu. On the US spot market, the gas price at Henry Hub, La., was a rounded $4.38/MMbtu, decreasing 2.2¢.

In London, the January ICE contract for Brent crude oil gained 16¢, closing at $108.83/bbl. The ICE gas oil contract for January dropped $7.75 to settle at $917.75/tonne.

The Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes closed at $105.95/bbl on Dec. 13, falling $1.01.

Related Articles

California lawmakers pass in-state gas system methane emissions bill

08/28/2014 The California Senate passed a bill aimed at curbing methane emissions from intrastate natural gas pipelines and local distribution systems. SB 137...

Fitch: Drilling downturn might prompt some consolidation

08/28/2014 A cyclical downturn in offshore drilling might provide an opportunity for driller contractors having financial flexibility to buy their peers at fa...

MARKET WATCH: NYMEX, Brent oil futures rise on Russia-Ukraine conflict

08/28/2014 Crude oil prices rose slightly on the New York and London markets Aug. 27 as international oil traders watched what appears to be an escalating con...

European refiner squeeze seen in W. African crude changes

08/27/2014 European refining is pivotal in “a second wave of structural changes” pummeling West African (WAF) crude oil prices in response to growing producti...

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