Opening Prices:
WTI is down 16c to $56.64/Bbl, and Brent is down 36c to $61.70/Bbl.
Natural gas is down 2.4c to $2.597/MMBtu.
I don't think EIA is going to publish their weekly Petroleum Report today because of Monday's holiday.
Oil Price - Nov 13
Oil Price - Nov 13
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Oil Price - Nov 13
Closing prices:
WTI rebounded and closes up $0.25 to $57.37
Natural gas also closed $0.0666 higher to $2.666/MMBtu
After the markets closed the American Petroleum Institute (API) has estimated a crude oil inventory draw of 500,000 barrels for the week ending November 7, compared to analyst expectations of a 1.649-million-barrel build.
EIA's weekly report will be published on Thursday morning this week because of the holiday on Monday.
WTI rebounded and closes up $0.25 to $57.37
Natural gas also closed $0.0666 higher to $2.666/MMBtu
After the markets closed the American Petroleum Institute (API) has estimated a crude oil inventory draw of 500,000 barrels for the week ending November 7, compared to analyst expectations of a 1.649-million-barrel build.
EIA's weekly report will be published on Thursday morning this week because of the holiday on Monday.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group