Much Ado About Nothing

After starting off slow, the broader markets rallied throughout the day to close higher with the S&P 500 gaining 5 points to end the week at 1408. The energy complex was a mixed bag.

Brent traded lower Friday, while WTI ended higher to finish the week. On the NYMEX, May contracts for light, sweet crude gained 24 cents to $103.02 per barrel. May futures for Brent closed down slipping 49 cents to $122.88 per barrel.

Gasoline prices also fell on the day for May reformulated gasoline blendstock, dipping 3 cents to finish at $3.31 per gallon.

Natural gas still has not found the bottom. Year-to-date, natural gas prices have fallen nearly 29 percent. May futures fell 2.3 cents to settle at $2.126 per MMBtu.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
allen l | Apr. 2, 2012
A Gold Mine of Information. Thank You


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Cost Controls (Maitland, FL)
Expertise: Budget / Cost Control|Project Controls
Location: Maitland, FL
United States Houston: Account Rep, Bus Dev
Expertise: Business Development|Marketing|Sales
Location: Houston, TX
General Manager US
Expertise: Business Development|Executive|Technical Manager
Location: Houston, TX
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours