Oil & Gas Prices - August 13

[dan_s]

Opening Prices:
> WTI is up 6c to $42.73/Bbl, and Brent is up 0c to $45.43/Bbl.
> Natural gas is up 0.9c to $2.161/MMBtu.

WTI was up 2.5% yesterday on 3rd week in a row of large draws from U.S. crude oil inventories.
Several closes over $42.50 would set that price as a support level.
IEA's Oil Market Report for August is out and traders will be checking each word.

[dan_s]

Closing Prices:
> WTI prompt month (SEP 20) was down $0.43 on the day, to settle at $42.24/Bbl.
> NG prompt month (SEP 20) was up $0.030 on the day, to settle at $2.182/MMBtu.