WTI Crude •10 mins | 52.46 | -0.31 | -0.59% | |
Brent Crude •10 mins | 55.51 | -0.37 | -0.66% | |
Natural Gas •22 mins | 2.604 | +0.002 | +0.08% | |
Mars US •2 hours | 53.57 | +0.55 | +1.04% | |
Opec Basket •4 days | 54.69 | -0.45 | -0.82% | |
Urals •34 days | 42.22 | +0.00 | +0.00% | |
Louisiana Light •4 days | 54.28 | -0.62 | -1.13% |
Marine •21 hours | 55.22 | +0.09 | +0.16% | |
Murban •21 hours | 55.63 | +0.06 | +0.11% | |
Iran Heavy •21 hours | 51.30 | -0.28 | -0.54% | |
Basra Light •21 hours | 57.23 | +0.19 | +0.33% | |
Saharan Blend •21 hours | 54.66 | -0.21 | -0.38% | |
Bonny Light •21 hours | 54.72 | +0.00 | +0.00% |
Canadian Crude Index •5 days | 40.08 | +0.03 | +0.07% | |
Western Canadian Select •20 hours | 38.52 | -0.71 | -1.81% | |
Canadian Condensate •20 hours | 51.27 | -0.86 | -1.65% | |
Premium Synthetic •20 hours | 52.67 | -0.86 | -1.61% | |
Sweet Crude •20 hours | 47.27 | -0.86 | -1.79% | |
Peace Sour •20 hours | 46.02 | -0.86 | -1.83% |
Louisiana Light •4 days | 54.28 | -0.62 | -1.13% | |
Domestic Swt. @ Cushing •21 hours | 49.25 | +0.50 | +1.03% | |
Giddings •21 hours | 43.00 | +0.50 | +1.18% | |
ANS West Coast •5 days | 56.04 | -0.28 | -0.50% | |
West Texas Sour •21 hours | 46.72 | +0.50 | +1.08% | |
Eagle Ford •21 hours | 50.67 | +0.50 | +1.00% |
The Trans Mountain expansion project…
Many fear that U.S. shale…
Tuesday proved to be a day of marginal gains and in some cases, considerable losses on the NYMEX commodity market.
The NYMEX Crude future saw a miniscule gain, increasing by $0.39 per barrel or 0.39% to finish at $101.41 per barrel. The Brent price saw even smaller gains, only increasing by $0.32 per barrel or 0.26% to finish at $120.29 per barrel. The WTI price ultimately suffered some losses, decreasing by $1.44 per barrel or 1.41% to ultimately finish at $101.02 per barrel.
Oil by the gallon also saw marginal gains and losses, with the NYMEX Heating Oil Future gaining only 0.33 cents per gallon or about 0.11% to finish at 309.90 cents per gallon. The NYMEX RBOB Gasoline future saw a minor dip, losing 1.04 cents per gallon or 0.32% and finishing at 323.92 cents per gallon.
Natural gas saw minimal change, with the NYMEX Henry Hub Future gaining $0.01 per million British thermal units or a 0.59% change, to finish at $2.04 per MMBTU. The Henry Hub spot price saw a minor loss, losing $0.01 per MMBTU for a total change of 0.50%, with a final price of $1.98 per MMBTU. The New York City Gate spot price saw a slightly larger loss, dropping by $0.03 per MMBTU or a 1.38% drop to finish at $2.15 per MMBTU.
Electricity saw the largest changes, with losses across the board. The Mid-Columbia on-peak spot price lost $3.91 per megawatt hour, equal to a 20.97% loss and bringing the price to $14.74 per MW-h. Losses at Palo Verde were considerably smaller, with the on-peak price dropping only $0.32 per MW-h, or 1.52% to finish at $20.77 per MW-h. The Houston ERCOT on-peak price also saw a dip, losing $2.44 per MW-h or 7.45% to finish at $30.31 per MW-h.
By. Shea Laverty
All prices listed are in USD unless otherwise noted.
Data from Bloomberg.
Shea Laverty is a freelance writer living in the Texas Panhandle. While well-versed in technology and entertainment, Laverty keeps his focus on energy and the…