Louisiana Light • 3 days | 72.39 | +1.98 | +2.81% | |||
Bonny Light • 2 days | 75.19 | +1.17 | +1.58% | |||
Opec Basket • 3 days | 72.79 | -0.28 | -0.38% | |||
Mars US • 1 day | 71.39 | +1.89 | +2.72% | |||
Gasoline • 1 day | 2.501 | +0.065 | +2.65% |
Bonny Light • 2 days | 75.19 | +1.17 | +1.58% | |||
Girassol • 2 days | 77.03 | +1.40 | +1.85% | |||
Opec Basket • 3 days | 72.79 | -0.28 | -0.38% |
Peace Sour • 2 days | 64.35 | +2.01 | +3.22% | |||
Light Sour Blend • 2 days | 65.65 | +2.01 | +3.16% | |||
Syncrude Sweet Premium • 2 days | 74.60 | +2.01 | +2.77% | |||
Central Alberta • 2 days | 63.95 | +2.01 | +3.25% |
Eagle Ford • 3 days | 66.58 | +2.01 | +3.11% | |||
Oklahoma Sweet • 3 days | 66.50 | +2.50 | +3.91% | |||
Kansas Common • 4 days | 58.25 | -1.50 | -2.51% | |||
Buena Vista • 12 days | 76.15 | -1.09 | -1.41% |
A new climate-risk disclosure rule…
The exports of OPEC’s second-largest…
Wednesday saw natural gas futures up nearly 1% on news that Hurricane Isaac would push more production offline and potentially damage the natural gas infrastructure in the affected region.
Nearly 72% of the Gulf’s natural gas output was suspended as of Wednesday, up 5 percentage points from the previous day.
Flooding remains the major concern for natural gas infrastructure in the area, but no long-term damage is expected.
Reuters reports that Isaac, the category 1 hurricane, is expected to move inland at a relatively slow 6 mph.
According to the Wall Street Journal on Wednesday, the front-month natural-gas contract for September settled at $2.634/MMBtu, up two cents, while the October natural-gas contract settled at $2.685/MMBtu, up 5.2 cents.
By. Charles Kennedy of Oilprice.com
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