Navigate Up
Sign In

Crude gains $0.57

Posted on: October 25, 2017

The API reported a smaller crude build expectation for today's official EIA storage numbers and market participants are awaiting release prior to reacting—overall, the sentiment this week has been bullish with an increase in refinery utilization, OPEC cooperating to extend cuts to the end of next year and a decrease in rig count in the Permian region last week.

Crude flows amid the Middle East tension between Iraq and the Kurds has increased in the Northern Pipeline to Ceyhan, but according to BNEF it is pumping 300k/bpd which is still less than the 600k/bpd capacity. WTI prompt contracts gained 57 cents to settle at $52.47.


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