Gas Market Update

April natural gas NGJ15, +0.48%  added 3.7 cents, or 1.4%, to $2.734 per million British thermal units, up 1.6% for the month.

Heating Oil Market Update

March heating oil HOH5, +2.68%  rallied, settling up 16.3 cents, or 7.6%, at $2.299 a gallon—up roughly 36% for the month, driven by weather-related demand.

Gasoline Market Update

March futures contracts for gasoline and heating oil expired at the close Friday. March gasoline RBH5, +3.85%  rose 6 cents, or 3.5%, to $1.768 a gallon. Prices were up a whopping 25% for the month.

Brent, WTI crude end seven-month losing streak

 

After posting declines over the past seven months, crude-oil futures rebounded, with Brent crude scoring its biggest monthly percentage climb in nearly six years.

Crude for April delivery CLJ5, +2.80%  rose $1.59, or 3.3%, to settle at $49.76 a barrel on the New York Mercantile Exchange. Prices for the month, based on the front-month contracts, climbed 3.2%. For the week, they were down 2.1%.

April Brent crude LCOJ5, +4.05%  on London’s ICE Futures exchange rose $2.53, or 4.2%, to end Friday’s session at $62.58 a barrel.

Gold may take a shine to $1,700 an oz. by 2016

 Don’t expect to see much of a climb in gold prices this year, but a spike to $1,700 an ounce or more could come as early as the summer of 2016.

Gold futures prices on Comex closed at $1,210.10 an ounce on Thursday, with the metal stuck in a range of just over $114 an ounce year to date, based on the most-active contracts.