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Hart Energy Commodities Report March 24

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Kristie Sotolongo
March 25, 2014

Oil Spill Supports U.S. Crude FuturesNYMEX-traded crude oil futures logged a minor gain on Monday as an oil spill caused the closure of one of the busiest seaports in the United States. Traders also continued to weigh the prospects for global crude-supply disruptions linked to Russia-Ukraine tensions, providing further support for oil prices, but weak economic data from China kept a cap on any gains. Nearly 170,000 gallons of fuel oil spilled into the Houston Ship Channel on March 22 after a collision between two vessels. In a press release ...

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