Natural gas for March delivery NGH15, +0.11% fell 9 cents, or 3.3%, to settle at $2.66 per million British thermal units, after a more than 7-cent gain the day before. The EIA will release its weekly data on natural-gas supplies on Thursday.
Gas Market Update
Thursday, 5 February 2015
Natural gas for March delivery NGH15, +0.11% fell 9 cents, or 3.3%, to settle at $2.66 per million British thermal units, after a more than 7-cent gain the day before. The EIA will release its weekly data on natural-gas supplies on Thursday.
Gasoline Market Update
Nymex gasoline for March RBH5, +0.76% dropped 12 cents, or 7.5%, to end at $1.48 a gallon. March heating oil settled at $1.77 a gallon, down 8 cents, or 4.3%.
Oil drops nearly 9% to end below $50 a barrel
U.S. crude-oil futures marked their first decline in five sessions on Wednesday, plunging by almost 9% to settle below the $50 mark as the nation’s stockpiles climbed more than expected.
West Texas Intermediate crude for March delivery CLH5, -0.21% slid $4.60, or 8.7%, to settle at $48.45 a barrel on the New York Mercantile Exchange. Oil was trading around $50.90 before the supply data were released.
Gold settles higher after China cuts reserve ratio
Gold and other metals prices settled higher on Wednesday, getting a boost from the Chinese central bank’s decision to cut the reserve-requirement ratio for banks in an aim to boost growth.
Gold for April delivery GCJ5, +0.59% added $4.20, or 0.3%, to settle at $1,264.50 an ounce after falling by more than $16 on Tuesday.
Current Market Update
Here are the latest trading levels for Asia's major stock markets:
Tokyo (Nikkei Average NIK, -0.89% ) down 0.6%
Hong Kong (Hang Seng Index HSI, +0.56% ) up 0.5%
Shanghai (Shanghai Composite Index SHCOMP, +0.99% ) up 1% (at break)
Sydney (S&P/ASX 200 XJO, +0.68% ) up 0.5%
Seoul (Kospi SEU, -0.67% ) down 0.8%
Mumbai (Sensex 1, +0.44% ) flat
Taipei (Taiex Y9999, -0.31% ) down 0.4%
Subscribe to:
Posts (Atom)
