MARKET WATCH: Crude oil, natural gas futures end week lower

Sept. 22, 2014
Crude oil and natural gas futures prices ended last week lower. The New York Mercantile Exchange October crude oil contract fell 66¢ on Sept. 19, settling at $92.41/bbl. The November contract lost 33¢ to $91.65/bbl.

Crude oil and natural gas futures prices ended last week lower.

The New York Mercantile Exchange October crude oil contract fell 66¢ on Sept. 19, settling at $92.41/bbl. The November contract lost 33¢ to $91.65/bbl.

The natural gas contract for October declined 7.3¢ to a rounded $3.84/MMbtu. On the US cash market, gas at Henry Hub, La., was $3.86/MMbtu, dropping 10¢.

Heating oil for October delivery was up less than a penny to a rounded $2.72/gal. Reformulated gasoline stock for oxygenate blending for October gained 5.04¢ to $2.61/gal.

The November ICE contract for Brent crude delivery rose 69¢, closing at $98.39/bbl. The December contract gained 67¢ to $99.03/bbl. The ICE gas oil contract for October lost 75¢ to settle at $823.25/tonne.

The average price for the Organization of Petroleum Exporting Countries’ basket of 12 benchmark crudes on Sept. 19 was $94.44/bbl, falling 75¢.