Heating Oil Market Update

February heating oil HOG5, -0.37%  fell 80 cents to $1.7030 a gallon on Nymex, amassing weekly losses of 5.2%. February natural gas NGG15, +1.26%  rose 2 cents to finish at $2.9460 per million British thermal units, but lost 2% on the week.

Gasoline Market Update

February gasoline RBG5, -1.51%  slipped nearly 2 cents, or 1.3%, to settle at $1.3232 a gallon on the Nymex. That was the lowest settlement for gasoline futures since March 11, 2009. Gasoline futures ended the week down 7.7%.

Gold posts 2.5% weekly gain aided by jobs data

Gold prices rebounded on Friday from two days of losses after data showed continued job creation in the U.S., finishing 2.5% stronger on the week.

Gold for February delivery GCG5, +1.23%  rose $7.60, or 0.6%, to settle at $1,216.10 an ounce, while March silver SIH5, +0.82% climbed 3 cents to $16.42.

Oil down 8%, post seventh-straight weekly loss

Oil futures fell Friday, extending losses to a seventh week in a row.

Light, sweet crude for delivery in February CLG5, -1.19%  lost 43 cents, or 0.9%, to settle at $48.36 a barrel on the New York Mercantile Exchange.

Nymex crude had settled higher for the two past trading sessions. On the week, it lost 8.2%. The seven-week string of losses is the longest since a matching streak in November.

Brent crude for February delivery LCOG5, -1.98% the European benchmark, lost 85 cents, or 1.7%, to settle at $50.11 a barrel. Brent lost 11% this week, also down for seven consecutive weeks.

Market Closing Update

MALAYSIA share prices closed higher on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 4.38 points to 1732.44.

Volume was 1.72 billion lots worth RM1.81 billion.

Gainers outnumbered losers 424 to 342.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my