• 6 minutes Can the World Survive without Saudi Oil?
  • 10 minutes Saudis Threaten Retaliation If Sanctions are Imposed
  • 15 minutes Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 2 hours U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 5 hours Saudis Pull Hyperloop Funding As Branson Temporarily Cuts Ties With The Kingdom
  • 1 hour WTI @ $75.75, headed for $64 - 67
  • 12 hours Judge Approves SEC Settlement With Tesla, Musk
  • 7 hours How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 7 hours UN Report Suggests USD $240 Per Gallon Gasoline Tax to Fight Global Warming
  • 10 hours EU to Splash Billions on Battery Factories
  • 7 hours China Thirsty for Canadian Crude
  • 9 hours Iranian Sanctions - What Are The Facts?
  • 12 hours Gold price on a rise...
  • 12 hours Porsche Says That it ‘Enters the Electric Era With The New Taycan’
  • 8 hours Two Koreas: U.N. Command Wrap Up First Talks On Disarming Border
  • 7 hours Shell, partners approve huge $31 billion LNG Canada project. How long till Canadian Federal government Environmentalates it into the ground?
Oil Prices Subdued, But For How Long?

Oil Prices Subdued, But For How Long?

Oil prices may have closed…

Disappearance Of Saudi Journalist Could Rock Oil Markets

Disappearance Of Saudi Journalist Could Rock Oil Markets

The disappearance of Saudi journalist…

NYMEX Energy Snapshot for April 11 2012

Wednesday was a day of marginal changes for the NYMEX market, with exceptionally modest gains and losses being the general order of the day.

The NYMEX Crude future made no changes up or down, remaining at $102.70 per barrel. The Brent price experienced an extremely mild loss, dipping $0.03 per barrel or 0.03% to finish at $120.29 per barrel. The WTI Cushing price saw a modest gain, raising $1.68 per barrel or 1.66% to finish at $102.70 per barrel.

The NYMEX Heating Oil future slipped minutely, losing 0.26 cents per gallon or 0.08% and finishing at 311.23 cents a gallon. The NYMEX RBOB Gasoline future felt a similar loss, losing 0.23 cents per gallon or 0.07% and finishing at 329.32 cents per gallon.

Natural gas saw very little change, with the NYMEX Henry Hub Future neither dipping or rising in value but still losing 0.05% to finish at $1.98 per million British thermal unit. The Henry Hub price saw a the largest relative loss for the day, dropping $0.07 per MMBTU or losing 3.54% to finish at $1.91 per MMBTU. The New York City Gate price saw a similar loss, dipping $0.06 per MMBTU or 2.79% to finish at $2.09 per MMBTU.

In electricity, the Mid-Columbia on-peak spot price made a minimal recovery after Tuesday's considerable loss, gaining $0.20 per megawatt hour or 1.36%, finishing at $14.94 per MW-h. Palo Verde's on-peak price also made a modest gain, raising $0.38 per MW-h or 1.83% to finish at $21.15 per MW-h. The Houston ERCOT on-peak rice saw a small dip, losing $0.31 per MW-h or 1.02% to finish at $30.00 per MW-h.

By. Shea Laverty for Oilprice.com

You can find more of Shea's work by clicking here.

All prices listed are in USD unless otherwise noted.
Data from Bloomberg.



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News