Energy Finds Lift from ISM data

Broader markets and the energy complex rallied throughout Monday. News from the Institute of Supply Management that March's factory index gained a point over last month's level had the markets humming a happy tune.

Both Brent and WTI finished more than two dollars higher than where they started the trading day. On the NYMEX, front-month contracts for light, sweet crude gained $2.21 to $105.23 per barrel. May futures for Brent finished up $2.55 settling at $125.43 per barrel.

Gasoline prices also jumped higher. May reformulated gasoline blendstock added 7 cents to finish at $3.38 per gallon.

Even sickly natural gas found a spark pushing it 3 cents higher to settle at $2.15 per MMBtu.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Sales Engineer
Expertise: Electrical Engineering|Mechanical Engineering|Sales
Location: Houston, TX
 
Sales Executive - Logistics/Freight Forwarding
Expertise: Sales
Location: Houston, TX
 
Business Development Director - Downstream EPC
Expertise: Business Development|Executive|Sales
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $49.59/BBL 0.30%
Light Crude Oil : $49.48/BBL 0.16%
Natural Gas : $1.96/MMBtu 1.50%
Updated in last 24 hours