Navigate Up
Sign In

Crude falls $0.08

Posted on: June 09, 2017

WTI prompt futures experienced an 8 cent loss for the day to settle at $45.64. A considerable amount of uncertainty is coming from the Middle East at this point in time: Libya’s largest oil field shut down temporarily due to a medical-care related protest following the death of a worker (decreasing output from 807k to approx. 618k), Iraq is hoping to achieve independence without the reliance of oil/gas imports which would mean tripling capacity by 2021, Qatar and Saudi Arabia feud continues and a war rages in Syria.

In addition, the 2010 Gulf oil spill that lead to a division of Bureaus for oil leasing and safety may be merged together by President Trump, easing restrictions and creating a more compelling environment for production. Tumultuous times indeed.


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 | Supplier Resources

2018 ATB Financial. All rights reserved. ©ATB Financial is a trade name/registered trademark.

ATB Financial