Gas category
Gas category based news for exploration and mining, gas investment from investor, natural gas production and prices on gas trading, market from gas company and industry.
Gasoline Prices Slid, Crude Stockpiles Climb 369 million barrels
Thursday, April 19th, 2012Gasoline prices for May delivery slid 3.13 cents, or 1 percent, to $3.2027 a gallon on the New York Mercantile Exchange yesterday. That’s the lowest closing price in seven weeks. Oil in New York has technical support along its 100-day moving average, around $101.93 a barrel today, according to data compiled by Bloomberg. Futures have [...]
Tags:gas prices, gasoline prices, may gas delivery, new york oil market, oil inventories, oil technical support
Oil Prices Rise and Gasoline Climb on Speculation Increase Fuel Demand
Saturday, March 17th, 2012Oil prices rise and gasoline climb on speculation that fuel demand will increase with economic rebound in America. We all known that America is biggest country that consuming crude oil. As the U.S. economy grows, demand will increase, sending prices higher and tightening the market. New York Future oil advanced after industrial output increase production. [...]
Tags:brent oil for may, crude oil april 2012, gasoline consumption, gasoline prices 2012, may oil prices, oil prices
Natural Gas Futures $2.55 per million BTU price level
Monday, February 20th, 2012Natural gas futures finally broke through major key level resistance, encouraging the prospects for a sustained rally after several failed attempts to move higher. Natural Gas futures had been holding in a narrow band just below the $2.55 per million BTU price level. The surge above $2.55 appears to have brought speculative buying as well [...]