MARKET WATCH: Crude oil prices climb, ending long slide

Crude oil prices in New York and London markets performed an about-face July 10, recovering finally from a long downward slide.

The New York Mercantile Exchange August crude oil contract gained 64¢ on July 10, closing at $102.93/bbl. The September contract increased 65¢ to $102.40/bbl.

The natural gas contract for August declined 5¢ to $4.12/MMbtu. On the US cash market, gas at Henry Hub, La., was $4.11/MMbtu, down 4¢.

Heating oil for August delivery rose 2.2¢ to a rounded $2.89/gal. Reformulated gasoline stock for oxygenate blending for August delivery was nearly 2¢ to a rounded $2.96/gal.

The August ICE contract for Brent crude delivery increased 39¢ to $108.67/bbl. The September contract gained 54¢ to $109.01/bbl. The ICE gas oil contract for July was unchanged at $883/tonne.

The Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes for July 10 was $105.16/bbl, dropping 33¢.

Related Articles

Market watch: Energy futures prices rose slightly Friday

05/06/2002 Crude oil futures prices rose slightly Friday amid lingering uncertainty about a possible disruption of Middle East supplies, although tensions in ...

Gulf of Mexico oil service sector showing signs of an upturn

05/06/2002 The Gulf of Mexico oil service sector is experiencing the signs of an upturn, analysts with Simmons & Co. International, UBS Warburg LLC, and RBC D...

OTC: Industry, national agencies need to work together to make FPSOs work in the gulf

05/06/2002 Over the coming years, the oil and gas industry will have to keep an open line of communication with national agencies such as the US Coast Guard a...

Market watch: Energy futures prices fall as Iraq lifts embargo

05/07/2002 Crude oil futures prices fell Monday after Iraq announced plans to lift a self-imposed export embargo with exports expected to resume by Wednesday.

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