The NYMEX May natural gas futures contract bounced above the $4/MMBtu mark early Friday on heavy volume as traders continued to digest Thursday's bullish storage data, sources said. As of 10:12 a.m. EDT (1412 GMT), the contract was ...
Tags: NYMEX, Gas Bounces, Storage Rally
US spot monthly natural gas prices for March increased by 57 cents, or 17% on average, to $3.92/MMBtu, compared with the previous month's $3.35/MMBtu average, Inside FERC's Gas Market Report said Monday. The NYMEX April gas futures ...
NYMEX May crude settled 16 cents lower at $97.07/b on Monday, as the complex came under pressure from a combination of weaker-than-expected US manufacturing data and the closure of ExxonMobil's 96,000 b/d Pegasus crude pipeline on Friday. ...
Tags: NYMEX Crude, Pipeline
The NYMEX April natural gas futures contract settled 6.2 cents lower at $3.865/MMBtu Monday as an overbought market saw a correction after last week's rally. The contract kept "popping up to $4[/MMBtu] and moving back" in the last ...
Tags: Gas Futures, Market Correction, Chemicals
Distillate futures closed US trading sharply higher Wednesday, holding onto boosts seen in the wake of an unexpectedly bullish inventory report released in the morning by the Energy Information Administration. NYMEX April heating oil ...
Tags: NYMEX, Oil Futures, Distillate Markets
Non-LST ethane Wednesday morning traded at 30.75 cents/gal, the highest level since November 6 and 29.5% stronger since the beginning of the year, Platts data showed. Market participants attributed the rise to stronger propane and natural ...
The NYMEX natural gas futures contract reached seven consecutive record high open interest levels during the period from March 15 to March 25, Chicago-based CME Group said Tuesday. The first record at 1,316,945 contracts posted on March ...
Tags: NYMEX, Gas Contract, Chemicals
The NYMEX April natural gas futures contract settled 0.8 cent lower at $3.927/MMBtu on Friday as market players weighed supportive weather forecasts against Thursday's bearish storage pull. "Weather outlooks maintain their bullish ...
Oil futures settled higher Wednesday, partially rebounding from Tuesday's sharp selloff on uncertainty in Cyprus, after weekly inventory data from the US Energy Information Administration proved to be unexpectedly bullish. NYMEX April ...
Tags: Oil, Chemicals, Metallurgy
Most US ethylene margins rose late last week despite higher feedstock costs as some production issues helped push up ethylene spot prices, Platts data showed late Friday. US spot ethylene moved up 2.25 cents/lb week on week, to be ...
Tags: ethylene, Propane cracker, Propane
Crude futures settled higher Thursday, with the ICE April Brent contract bouncing off Wednesday's 2013 lows to expire 90 cents higher at $109.42/barrel. The May contract settled up 72 cents at $108.96/b. NYMEX April crude closed US ...
Tags: Crude futures, crude, crude industry
NYMEX April natural gas futures settled 6 cents higher at $3.872/MMBtu Friday on forecasts for below-normal temperatures through the end of March and higher-than-normal nuclear outages, analysts said. The contract has gained 22.7 cents ...
Tags: NYMEX, Gas, Nuclear Outages
The NYMEX April natural gas futures contract settled 0.4 cent lower at $3.645/MMBtu Tuesday, after a day of rangebound trading in which cooler weather in the forecasts prevented prices from falling off more dramatically. Kilduff Report ...
Tags: natural gas, gas, energy market
US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...
Tags: refinery, crude oil imports, crude oil
Prices for renewable fuel credits cracked the $1 barrier Friday and RBOB prices settled sharply higher as the war of words over who is to blame for skyrocketing credits prices also escalated. The price for the traded Renewable ...
Tags: renewable fuel, skyrocketing credits prices, RBOB price