Text Size:
A | A

Hart Energy Commodities Report March 26

Text Size: A | A
Kristie Sotolongo
March 27, 2014

U.S. Crude Oil Futures Reclaim $100/bblNYMEX-traded crude futures on Wednesday closed above the $100 per-barrel (/bbl) level for the first time in roughly two weeks, tracking gasoline prices, which scored their first gain in three sessions. A U.S. government report revealed a weekly drop in gasoline stockpiles that was nearly three times more than the market expected. The Energy Information Administration update also showed that demand for the fuel rose over the last four weeks. The news offset pressure from a hefty jump in crude inventories, since falling supplies and ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription