MARKET WATCH: Crude oil benchmarks end last week with small gain
Nov. 11, 2019
Crude oil futures prices gained on New York and London markets Nov. 8. The light, sweet crude contract for December on the New York Mercantile Exchange was up 9¢ to $57.24/bbl on Nov. 8. The January contract was up 11¢ to settle at $57.26/bbl.
Crude oil futures prices gained on New York and London markets Nov. 8.
The light, sweet crude contract for December on the New York Mercantile Exchange was up 9¢ to $57.24/bbl on Nov. 8. The January contract was up 11¢ to settle at $57.26/bbl.
Brent crude oil for January was up 22¢ to $62.51/bbl on London’s International Commodity Exchange. The February contract was up 21¢ to $61.62/bbl.
The NYMEX natural gas price for December gained just under 2¢ to a rounded $2.79/MMbtu. The January contract was up 1¢ to $2.87/MMbtu.
Ultralow-sulfur diesel for December decreased less than a penny to remain at a rounded $1.92/gal. The NYMEX reformulated gasoline blendstock for December gained fell less than 1¢ to $1.63/gal.
The gas oil contract for November was $576.50/tonne on Nov. 8, down $6.75.
The Organization of Petroleum Exporting Countries’ basket of crudes for Nov. 8 was $61.98/bbl, down 34¢ from the previous day.
