Friday, April 29, 2016

Gasoline Market Update : Epic Research Singapore

Back on Nymex, May gasoline RBK6, -0.22%  rose 1.7 cents, or 1.1%, to $1.598 a gallon, while May heating oil HOK6, +0.14%  added 2.5 cents, or 1.8%, to $1.405 a gallon.

Meanwhile, natural-gas futures marked a third straight losing session. June natural gas NGM16, -0.48%  ended at a one-week low of $2.078 per million British thermal units, down 7.5 cents, or 3.5%. U.S. government data Thursday revealed that supplies of the commodity rose 73 billion cubic feet for the week ended April 22. Analysts polled by Platts forecast a climb of 70 billion.

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