Overall, cash prices fell 3 cents Friday in a broad retreat as only a handful of points made it to the positive side of the trading ledger. Offsetting the pervasive selling was the Northeast, which scored double-digit gains. Eastern locations were mixed, but the Rockies and major market trading points fell hard. At the close of futures trading, July had fallen 10.6 cents to $3.771 and August was down 10.6 cents as well to $3.793. August crude oil continued its losing ways, giving up $1.45 to $93.69/bbl.
Ledger
Articles from Ledger
Northeast And Southwest Advance, But Midwest Softens; Futures Drop
On balance the cash market averaged out to the loss side of the trading ledger Monday, but double-digit strength was noted at northeastern points, and deliveries into southern California points also registered gains. Futures markets headed south as revised weather forecasts called for an extended period of warmth throughout the eastern two-thirds of the country. At the end of futures trading April had fallen 12.9 cents to $2.355 and May had slid 12.8 cents to $2.472. April crude oil added two cents to $106.72/bbl.
March 6, 2012
Traders Skeptical, But Futures Manage Gains
March natural gas futures continued Monday’s advance and finished on the plus side of the trading ledger, but observers say the market still has some convincing to do before any resumption of the earlier uptrend can continue.
February 3, 2010
Traders Skeptical, But Futures Manage Gains
March natural gas futures continued Monday’s advance and finished on the plus side of the trading ledger, but observers say the market still has some convincing to do before any resumption of the earlier uptrend can continue.
February 3, 2010
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