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Oil & Gas Prices - Sept 30
Posted: Wed Sep 30, 2020 8:24 am
by dan_s
Opening Prices:
> WTI is down 17c to $39.12/Bbl, and Brent is down 56c to $40.47/Bbl.
> Natural gas is down 10.7c to $2.454/MMBtu.
Re: Oil & Gas Prices - Sept 30
Posted: Wed Sep 30, 2020 10:33 am
by dan_s
Aegis Energy: "EIA reported a draw of -1980 MBbls in U.S. crude-oil inventories for the week ending 9/25/2020. This was larger than the average estimate of 456 MBbls as reported by Bloomberg. Prices were up five minutes following the announcement, to $39.49, from $39.41 just before 9:30am. Inventories for the US are now at a surplus of 72.888 MBbls to last year and a surplus of 55.51 MBbls to the five-year average."
Re: Oil & Gas Prices - Sept 30
Posted: Wed Sep 30, 2020 8:14 pm
by dan_s
Closing Prices:
> WTI prompt month (NOV 20) was up $0.93 on the day, to settle at $40.22/Bbl.
> NG prompt month (NOV 20) was down $0.034 on the day, to settle at $2.527/MMBtu.
WTI up on bullish storage report and good economic news.