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  1. MARKET WATCH: Front-month crude oil contract closes up, gas down on week

    The front-month crude oil contract ended the week higher Mar. 21 while natural gas futures prices edged slightly lower. The New York Mercantile Exchange May crude oil contract gained 56¢ on Mar. 21, closing at $99.46/bbl, while the June contract increased 60¢ to settle at $98.65/bbl. The April natural gas contract was down 5.6¢ to a rounded $4.31/MMbtu. On the US spot market, the gas price at Henry Hub was not available. Heating oil for April delivery was virtually unchanged at a rounded $2.92/gal. Reformulated gasoline stock for oxygenate blending for April delivery edged up 1.24¢ to a rounded $2.91/gal. In London, the May ICE contract for Brent crude delivery rose 47¢, closing at $106.92/bbl. The June contract gained 42¢ to $106.66/bbl. The ICE gas oil contract for April jumped $11.75 to $900.50/tonne. The Organization of Petroleum Exporting Countries reported its basket of 12 benchmark crudes was $103.30/bbl on Mar. 21, tallying 93¢.

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    Mon, 24 Mar 2014

  2. MARKET WATCH: Crude oil contract ends rally; natural gas advances

    The front-month crude oil contract closed below $74/bbl June 11, ending a 3-day rally in the New York market as Standard & Poor’s 500 index rallied late in the day in the equity market despite an unexpected drop in May retail sales—the first in 8 months.

    Online Articles

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    Mon, 14 Jun 2010

  3. MARKET WATCH: NYMEX crude oil prices drop to 6-year lows again

    The front-month light, sweet crude oil contract dropped more than $1/bbl on the New York market Aug. 13 to settle below $43/bbl, putting it back around 6-year lows for the second time since Aug. 11. In early Aug. 14 trading, the New York oil price briefly touched $41.35/bbl, last seen on Mar. 4, ...

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    Fri, 14 Aug 2015

  4. MARKET WATCH: NYMEX crude oil prices dip below $42/bbl on oversupply concerns

    The light, sweet crude oil contract for September settled at $41.87/bbl on the New York market Aug. 17, which was the lowest closing since Mar. 3, 2009, and the front-month contract set yet another fresh 6-year low. Crude oil prices repeatedly have touched the 6-year-low mark in recent days.

    Online Articles

    Online Articles

    Tue, 18 Aug 2015

  1. MARKET WATCH: NYMEX crude oil prices bounces up from 6-year lows

    Online Articles

    Online Articles

    Mon, 17 Aug 2015

  2. MARKET WATCH: NYMEX crude oil prices gain on IEA’s demand forecast

    The front-month light, sweet crude oil contract gained modestly on the New York market Aug. 12, which analysts largely attributed to a monthly market report from the International Energy Agency saying demand for crude is increasing at its fastest pace in 5 years.

    Online Articles

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    Thu, 13 Aug 2015

  3. MARKET WATCH: NYMEX crude oil for September dips under $45/bbl, Brent still below $50/bbl

    The light, sweet crude oil contract for September delivery settled below $45/bbl on the New York market Aug. 6 while the Brent price for the same month remained below $50/bbl on the London market. The downward momentum appeared to be continuing in early Aug. 7 trading.

    Online Articles

    Online Articles

    Fri, 7 Aug 2015

  4. MARKET WATCH: NYMEX, Brent crude oil prices rise but hold under $50/bbl

    The light, sweet crude oil contract for September delivery rose modestly on the New York market Aug. 4 to settle at under $46/bbl while Brent crude prices saw a moderate gain on the London market but still settled at just under $50/bbl.

    Online Articles

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    Wed, 5 Aug 2015

  5. MARKET WATCH: NYMEX, Brent oil prices drop on ample crude supply

    The light, sweet crude oil contract for September delivery dropped on the New York market Aug. 5 to remain below $46/bbl while the Brent price settled below $50/bbl again on the London market upon lingering concerns about an oversupplied world oil market.

    Online Articles

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    Thu, 6 Aug 2015

  6. MARKET WATCH: NYMEX crude oil prices dip to lowest level since 2009

    The front-month light, sweet crude oil contract settled just above $43/bbl on the New York market Aug. 11, touching a 6-year low. China’s central bank devalued its currency, prompting steep declines in oil prices. Brent crude oil prices on the London market settled below $50/bbl on Aug. 11.

    Online Articles

    Online Articles

    Wed, 12 Aug 2015

  7. MARKET WATCH: NYMEX crude oil price approaching March lows

    The light, sweet crude oil contract for September delivery settled at $43.87/bbl on the New York market Aug. 7, putting it close to 2015 lows experienced during March, which analysts attributed to a higher US gasoline inventory and world crude market oversupply concerns.

    Online Articles

    Online Articles

    Mon, 10 Aug 2015

  8. MARKET WATCH: Oil, gas prices continue downward slide

    The New York Mercantile Exchange crude oil contract for April delivery dropped 96¢ on Mar. 16 to $43.88/bbl. The May contract lost 93¢ to settle at $46.13/bbl.

    Online Articles

    Online Articles

    Tue, 17 Mar 2015

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