MARKET WATCH: Oil futures price up; spot gas price continues to climb

The New York Mercantile Exchange March crude contract gained 46¢ on Feb. 6, closing at $97.84/bbl. The April contract added 56¢ to settle at $97.32/bbl.

Heating oil for March delivery remained virtually unchanged at a rounded $3/gal. Reformulated gasoline stock for oxygenate blending for March delivery increased 4.17¢ to a rounded $2.68/gal.

The March natural gas contract on NYMEX edged down about 10¢ to a rounded $4.93/MMbtu. On the US spot market, the gas price at Henry Hub, La. was $7.60/MMbtu, adding 15¢.

In London, the March and April ICE contracts for Brent crude delivery were up 94¢ each, closing at $107.19/bbl and 106.60/bbl, respectively. The ICE gas oil contract for February rose $7.25 to $906.25/tonne.

The Organizational of Petroleum Exporting Countries reported its basket of 12 benchmark crudes was $103.34/bbl on Feb. 6, climbing 71¢.

Related Articles

EIA: Marcellus gas production continues to outpace takeaway capacity

04/25/2014 Rising production of natural gas in the Marcellus shale play in the Appalachian basin continues to outpace the growth in the region’s pipeline take...

MARKET WATCH: Brent crude prices top $110/bbl on geopolitical tensions

04/25/2014 In London, ICE Brent crude oil prices moved up this week, topping $110/bbl on Apr. 24 “amid rising geopolitical tensions between Russia and Ukraine...

EIA: Companies’ global upstream spending flat in 2013

04/25/2014 According to annual reports from 42 international oil and natural gas companies that have reported data on upstream expenditures since 2000, total ...

Voters ready to respond to Keystone XL delays, API-sponsored poll finds

04/24/2014 Candidates’ stances on whether to complete the proposed Keystone XL crude oil pipeline and other energy issues potentially could affect midterm con...

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