 |
Louisiana Light • 2 days | 73.02 | -0.64 | -0.87% | ||
|
Bonny Light • 31 days | 78.62 | -2.30 | -2.84% | ||
|
Opec Basket • 2 days | 73.65 | +0.08 | +0.11% | ||
|
Mars US • 322 days | 75.54 | -1.36 | -1.77% | ||
|
Gasoline • 10 mins | 2.049 | -0.011 | -0.53% |
|
Bonny Light • 31 days | 78.62 | -2.30 | -2.84% | ||
|
Girassol • 31 days | 79.56 | -1.80 | -2.21% | ||
|
Opec Basket • 2 days | 73.65 | +0.08 | +0.11% |
|
Peace Sour • 6 hours | 68.16 | +1.28 | +1.91% | ||
|
Light Sour Blend • 6 hours | 67.41 | +1.28 | +1.94% | ||
|
Syncrude Sweet Premium • 6 hours | 72.16 | +1.28 | +1.81% | ||
|
Central Alberta • 6 hours | 69.16 | +1.28 | +1.89% |
|
Eagle Ford • 2 days | 67.39 | -0.28 | -0.41% | ||
|
Oklahoma Sweet • 2 days | 67.50 | -0.25 | -0.37% | ||
|
Kansas Common • 3 days | 58.02 | +1.10 | +1.93% | ||
|
Buena Vista • 3 days | 77.67 | +1.10 | +1.44% |
Breaking News:
New Production To Help Gulf of Mexico Oil Output Avoid Dip
Production from new fields in…
The Politics Behind EU Sanctions
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Hurricane Isaac Prompts Natural Gas Rally
Wednesday saw natural gas futures up nearly 1% on news that Hurricane Isaac would push more production offline and potentially damage the natural gas infrastructure in the affected region.
Nearly 72% of the Gulf’s natural gas output was suspended as of Wednesday, up 5 percentage points from the previous day.
Flooding remains the major concern for natural gas infrastructure in the area, but no long-term damage is expected.
Reuters reports that Isaac, the category 1 hurricane, is expected to move inland at a relatively slow 6 mph.
According to the Wall Street Journal on Wednesday, the front-month natural-gas contract for September settled at $2.634/MMBtu, up two cents, while the October natural-gas contract settled at $2.685/MMBtu, up 5.2 cents.
By. Charles Kennedy of Oilprice.com
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