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Crude gains $0.29

Posted on: January 20, 2017

Oil gained $0.29 to a final close of $51.37 after the EIA disclosed last week’s US storage figures. There was a 1.27 million barrel draw at the main hub in Cushing, however, nationwide supplies increased by 2.35 million barrels according to the agency.

A panel that was created for the purposes of verifying if cuts have been implemented according to the OPEC agreement will meet over the weekend in Vienna.


Most Recent Market Updates

November 20, 2017

Natural gas gains 4.4 cents

NYMEX natural gas climbed 4.4 cents higher on Friday.

November 20, 2017

Crude gained $1.41

Crude prompt futures gained $1.41 on Friday to close the day at $56.55.

November 17, 2017

Natural gas falls 2.7 cents

NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

Crude prices slide $0.19

Crude prompt futures traded in a 69 cent range.

November 17, 2017

USDCAD range bound as Canadian CPI uneventful

Domestically we saw the biggest release of the week a few minutes ago.

November 14, 2017

Natural gas loses 5 cents

Cold weather emerged over the long weekend in the US Midwest to East as anticipated.


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