Geopolitically

Geopolitics, Gulf Developments Tug Futures Higher by 27 Cents

September natural gas futures rose as traders cited geopolitically derived strength in crude oil and hints of tropical development by a leading forecaster as giving the market a late-week lift. September natural gas rose 27 cents to $9.389 and the October contract tacked on 27 cents as well to finish at $9.494. September crude oil rose $1.02 to $125.10/bbl after trading as high as $128.50.

August 4, 2008