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Oil & Gas Prices - Nov 4

Posted: Wed Nov 04, 2020 6:52 pm
by dan_s
Closing Prices:
> WTI prompt month (DEC 20) was up $1.49 on the day, to settle at $39.15/Bbl.
> In contrast, NG prompt month (DEC 20) was down $0.013 on the day, to settle at $3.046/MMBtu.

Re: Oil & Gas Prices - Nov 4

Posted: Wed Nov 04, 2020 6:58 pm
by dan_s
EIA reported a draw of -7998 MBbls in U.S. crude-oil inventories for the week ending 10/30/2020. This was larger than the average estimate of 581 MBbls as reported by Bloomberg.