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Crude gains $1.22

Posted on: May 11, 2016

Say it with me now: Supply Disruption! Security concerns along the Niger River Delta are taking supply offline, while Libya continues to suffer from conflict and blockades that are digging into supply. WTI front month gained $1.22 to settle at $44.66 while Brent gained almost $2 to settle at $45.52. WCS widened out a bit yesterday as the fires drift away from oil sands sites in Northern Alberta.

This morning the curve is close to unchanged ahead of inventory numbers.

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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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