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Crude gains $0.19

Posted on: June 12, 2017

The Baker Hughes rig count rose by 8 to 741, marking the 21st consecutive increase with 4 of those rigs coming from the Permian Basin. US shale still shows no signs of slowing down, especially after witnessing the 3.3 million barrel build in US stockpiles disclosed by the EIA last Wednesday. US secretary of State Rex Tillerson strives to create a coalition between Qatar and Saudi Arabia which will hopefully alleviate some of the tension in the Middle East.

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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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