The EIA will release its weekly report on natural-gas supplies. April natural gas NGJ15, +0.69% settled up 5.7 cents, or 2.1%, at $2.769 per million British thermal units.
Gas Market Update
Thursday, 5 March 2015
The EIA will release its weekly report on natural-gas supplies. April natural gas NGJ15, +0.69% settled up 5.7 cents, or 2.1%, at $2.769 per million British thermal units.
Gasoline Market Update
April gasoline RBJ5, +0.05% fell 2.4 cents, or 1.2%, to $1.926 a gallon and April heating oil HOJ5, -0.17% ended at $1.901 a gallon, down 3.8 cents, or 2%.
Crude-oil prices rise as Saudi Arabia hints at rising demand
U.S. oil futures finished higher on Wednesday, despite a spike in U.S. weekly crude supplies, as a move by Saudi Arabia and comments from its oil minister implied strength in demand for oil.
Crude for delivery in April CLJ5, +0.43% climbed $1.01, or 2%, to settle at $51.53 a barrel on the New York Mercantile Exchange. Prices had dropped below $50 after a government report showed that weekly crude supplies jumped by more than 10 million barrels.
April Brent crude on London’s ICE Futures exchange LCOJ5, +0.10% settled lower, but off the session’s lows, at $60.55 a barrel, down 47 cents, or 0.8%.
Gold futures suffer third straight loss
Gold futures suffered their third straight loss in a row as traders digested data on U.S. private-sector employment and looked ahead to the closely watched Friday jobs report.
Gold for April delivery GCJ5, +0.27% fell $3.50, or 0.3%, to settle at $1,200.90 an ounce on Comex, after tapping a low of $1,197.70. May silver SIK5, +0.66% lost 13.8 cents, or 0.9%, to $16.158 an ounce.
Current Market Update
Here are the latest trading levels for Asia's major stock markets:
Tokyo (Nikkei Average NIK, +0.12% ) up 0.2%
Hong Kong (Hang Seng Index HSI, -0.57% ) down 0.6%
Shanghai (Shanghai Composite Index SHCOMP, -1.00% ) down 1%
Sydney (S&P/ASX 200 XJO, -0.28% ) down 0.5%
Seoul (Kospi SEU, +0.04% ) up 0.1%
Taipei (Taiex Y9999, -0.15% ) down 0.1%
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