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Gas Market Update

Wednesday, 4 March 2015


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April natural gas NGJ15, +1.03%  tacked on 1.4 cents, or 0.5%, to end at $2.712 per million British thermal units.


Gasoline Market Update


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Nymex gasoline for April rose 5.3 cents, or 2.8%, to $1.9499 a gallon, while April heating oil HOJ5, -0.76%  settled at $1.9395, up 5.2 cents, or 2.8%.


Oil rallies as Libya, Iran news raise supply risks


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Crude-oil futures rebounded on Tuesday, with prices for Brent leading the charge higher as violence in Libya and concerns surrounding Iran’s nuclear program raised risks to global oil supplies.

Crude-oil futures for delivery in April CLJ5, +0.02% settled at $50.52 a barrel, up 93 cents, or 1.9%, on the New York Mercantile Exchange.

Brent crude for April delivery LCOJ5, -0.51%  on London’s ICE Futures exchange rose $1.48, or 2.5%, to end at $61.02 a barrel.


Gold extends loss to a second sessions in a row


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Gold futures rang up a consecutive loss on Tuesday as investors digested a spate of economic reports from a busy week of economic indicators, which culminates with the Friday jobs report.

Gold for April delivery GCJ5, +0.24%  fell by $3.80, or 0.3%, to settle at $1,204.40 an ounce on Comex, while May silver SIK5, +0.09%  settled down 15.5 cents, or 0.9%, to $16.296 an ounce after a 0.7% loss a day earlier.

Current Market Update


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Here are the latest trading levels for Asia's major stock markets: 

Tokyo (Nikkei Average NIK, -0.50% ) down 0.7% 

 Hong Kong (Hang Seng Index HSI, -0.32% ) down 0.3% 

 Shanghai (Shanghai Composite Index SHCOMP, -0.16% ) down 0.2% (at break) 

 Sydney (S&P/ASX 200 XJO, -0.52% ) down 0.5% 

 Seoul (Kospi SEU, -0.11% ) down 0.1%

Mumbai (Sensex 1, +1.02% ) up 1.2% 

 Taipei (Taiex Y9999, +0.11% ) up 0.2%

 

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