Navigate Up
Sign In

Crude gains $0.11

Posted on: December 21, 2016

Crude market was relatively quiet on Tuesday with the January contract expiring up $0.11 on the day, settling at $52.23. Brent gained $0.43 to close at $55.35. API figures report that crude stockpiles fell by 4.15 million barrels with an expectation that these would be down by 2.5 million barrels. Gasoline fell by 1.97 million with a 1.375 million build expected. Distillate inventories down 1.55 million barrels with -1.625 anticipated.

According to Bloomberg, the Obama Administration is preparing to block the sale of offshore drilling rights in parts of the Atlantic and US Arctic by invoking a provision in a 1953 law. The move could see a permanent restriction on production in the area.


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.


Talk to a specialist

GlassdooreSSENTIAL Accessibility™Diversity and Inclusion

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Vendor Resources

2017 ATB Financial. All rights reserved. ®ATB Financial is a trade name/registered trademark of Alberta Treasury Branches.

ATB Financial