Oil And Natural Gas Down Slightly

NEW YORK (AP) — Energy markets were relatively tame Thursday, with both oil and natural gas showing small declines.

Benchmark U.S. crude for April delivery slipped 19 cents, or 0.2 percent, to close at $102.40 a barrel on the New York Mercantile Exchange.

Natural gas futures fell 3 cents to $4.51 per 1,000 cubic feet as weather forecasts indicate U.S. households won't have to raise the thermostats so much in the second half of March.

Brent crude, which is used to set prices for international varieties of crude, was down 67 cents to $108.85 on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

  • Wholesale gasoline lost 4 cents at $2.76 per gallon.
  • Heating oil shed 4 cents to $3.09 per gallon.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Brent Crude Oil : $52.72/BBL 3.31%
Light Crude Oil : $48.51/BBL 3.01%
Natural Gas : $2.89/MMBtu 1.36%
Updated in last 24 hours