MARKET WATCH: Crude oil futures price up, gas price falls

The New York Mercantile Exchange July crude oil contract price gained 86¢, closing at $103.58/bbl on May 29. The August contract rose 79¢ to $102.78/bbl.

The natural gas contract for July fell 5.6¢ to a rounded $4.56/MMbtu while the August contract declined 5.2¢ to $4.54/MMbtu.

Heating oil for June delivery lost 1.16¢ to a rounded $2.92/gal. Reformulated gasoline blendstock edged up less than a penny to a rounded $3.01/gal.

In London, the July ICE contract for Brent crude delivery increased 16¢, closing at $109.97/bbl. The August contract gained 8¢ to settle at $109.19/bbl. The ICE gas oil contract for August rose $1.75 to $905.25/tonne.

The Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes was $106.45 on May 29, rising 10¢ from the previous day.

Related Articles

IAGC appoints new president

09/19/2014 The board of the International Association of Geophysical Contractors has reported that Ken Wells has been named as the organization’s president.

MARKET WATCH: Crude oil futures down more than $1 in New York, London

09/19/2014 The New York Mercantile Exchange October crude oil contract lost $1.35 to $93.07/bbl on Sept. 18. The November contract declined $1.22 to $91.98/bbl.

ExxonMobil ‘winding down’ Arctic well, complying with US, EU sanctions on Russia

09/19/2014 ExxonMobil Corp. released a statement that the company is complying with all US sanctions on Russia after news reports that the operator had halted...

ExxonMobil, Linn to make second asset exchange this year

09/19/2014 ExxonMobil Corp. has agreed to trade interest in 500 net acres from South Belridge field near Bakersfield, Calif., to Linn Energy LLC, Houston, in ...

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