07/02/2009 01:44PM
Since Wednesday, June 24, natural gas spot prices fell at most market locations east of the Rocky Mountains, with decreases of as much as 89 cents per million Btu (MMBtu). Prices at the Henry Hub declined by 17 cents per MMBtu, or about 4 percent, to $3.63 per MMBtu.
At the New York Mercantile
05/08/2009 08:41AM
HOUSTON--Natural gas futures moved higher Friday amid expectations for an economic recovery that will spur additional demand for the fuel.
Natural gas for June delivery on the New York Mercantile Exchange recently traded 11.9 cents higher, or 2.92%, at $4.20 a million British thermal units. The contract
05/06/2009 08:59AM
NEW YORK (Dow Jones)--Crude futures pushed above $55 a barrel Wednesday as a market accustomed to growing U.S. oil stockpiles guarded against a drawdown.
Light, sweet crude for June delivery was recently up $2.64, or 1.42%, at $55.26 a barrel on the New York Mercantile Exchange, hitting prices last
04/20/2009 07:48AM
LONDON (Dow Jones)--Nymex crude oil futures fell toward $48 a barrel Monday in London, pressured by lower equity markets and a stronger U.S. dollar.
Rising risk aversion and pessimism over the global economy prompted oil prices to shed over $2 a barrel, or around 4%.
"Provided the U.S. currency
03/30/2009 07:41AM
LONDON (Dow Jones)--Crude oil futures fell nearly $2 in London Monday, pressured by a strengthening U.S. dollar and a sharp selloff in European equity markets.
'Crude is expected to seek immediate direction from stock markets and the greenback until the closely-watched (U.S. monthly) employment report
03/24/2009 04:17PM
NEW YORK (Dow Jones)--Crude oil futures inched upward Tuesday, abandoning early losses as traders positioned themselves ahead of weekly reports on U.S. petroleum inventories.
Light, sweet crude for May delivery settled at $53.98 a barrel, up 18 cents or 0.3% on the New York Mercantile Exchange. Brent
01/30/2009 10:45AM
Energy stocks fell Friday, on top of losses in the previous session, even as blue-chip bellwethers Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) reported better-than-expected financial results for the fourth quarter.
The Amex Oil Index fell almost 1% to 943.11.
The Amex Natural Gas Index fell
12/24/2008 09:33AM
NEW YORK (Dow Jones)--Crude oil futures traded lower as new U.S. economic data confirmed the severity of the year-long recession.
Trading is expected to be light, with pit trading ending an hour early at 1:30 p.m. EST ahead of the Christmas holiday.
Light, sweet crude for February delivery traded
12/24/2008 08:05AM
LONDON (Dow Jones)--Crude futures fell by more than $2 Wednesday ahead of the Christmas holiday, with ICE Brent front-month futures hitting a low of $37.49 a barrel amid a gloomy global demand outlook and expectations of bearish U.S. oil inventory data.
"It's just world economy and the underlying feeling