Navigate Up
Sign In

Crude gains $0.50

Posted on: June 29, 2017

The official weekly EIA crude stockpiles came in rather bearish with a 118K build—remember the 851K API build estimate on Tuesday and the Bloomberg consensus forecast for a 2M barrel decline on Monday. However, market participants were less focused on the crude inventory gain and more fixated on the gasoline and distillates numbers: gasoline falling by 894K.

The Canadian association of oil well drilling reported a climb in active rigs to 169, the highest level since March. WTI settled at $44.74, a gain of 50 cents.


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

©ATB Financial 2019. All rights reserved. ATB Financial is a trade name/registered trademark.

ATB Financial