Climbing

New Price Upticks Fuel Bullish Sentiments

Cash prices returned to a climbing mode Friday, and in theprocess won more converts to believing in a fundamentally stronggas market this spring and summer. Although Western gains tended tolag a bit behind, most increases were between a nickel and a dime.Most of the double-digit gains occurred in the Gulf Coast,Appalachian and Northeast market areas.

April 6, 1998

April Futures Acting More Like Winter Months

The April Nymex contract continued its late week rally byclimbing another 4.3 cents to settle Friday at $2.343. The moveleaves April at the highest price it has been since February 6th.

March 23, 1998
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