MARKET WATCH: NYMEX, Brent crude oil prices climb

Brent crude oil for June delivery continued to rise, keeping above $72/bbl in London while US light, sweet crude oil also gained, staying above $67/bbl on the New York market.

Brent crude oil for June delivery continued to rise, keeping above $72/bbl in London while US light, sweet crude oil also gained, staying above $67/bbl on the New York market.

The May light, sweet crude contract on the New York Mercantile Exchange rose 32¢ on Apr. 13 to settle at $67.39/bbl. The June contract gained 38¢ to $67.33/bbl.

The NYMEX natural gas price for May added nearly 5¢ to $2.73/MMbtu. The Henry Hub cash gas price was up 6¢ to $2.77/MMbtu.

Ultralow-sulfur diesel for May increased 1.6¢ to $2.10/gal. The NYMEX reformulated gasoline blendstock for May rose 1¢ to a rounded $2.06/gal.

Brent crude oil for June rose 56¢ to settle at $72.58/bbl on London’s International Commodity Exchange. The July contract was up 53¢ to $71.93/bbl. The gas oil contract for April was $642.25/tonne, down $1.75.

The Organization of Petroleum Exporting Countries basket of crudes averaged $69.29/bbl on Apr. 13, up 56¢.

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