Surmised

Geopolitical Strife Lifts Oil, Gas; March Advances

March natural gas futures gained Monday as traders surmised that it would be difficult for natural gas to ignore gains made in the rest of the complex resulting from political unrest in Egypt. At the close of trading March futures rose 9.7 cents to $4.420 and April added 9.1 cents to $4.431. March crude oil followed its $3.70/bbl gain from Friday with another jump of $2.85 to $92.19/bbl.

February 1, 2011