Saturday, April 30, 2016

Gasoline Market Update : Epic Research Singapore

Back on Nymex, May gasoline RBK6, -0.26%  ended at $1.585 a gallon, down 1.3 cents, or 0.8%, but prices rose roughly 11% for the month. May heating oil HOK6, -1.21%  slipped 2.7 cents, or 1.9%, to $1.378 a gallon, but it still gained over 16% for the month. The May contracts expired at the settlement.

June natural gas NGM16, +2.98%  settled at $2.178 per million British thermal units, up 10 cents, or 4.8%, with warmer weather forecasts kicking up cooling demand, said Flynn. For the month, tracking the most-active contracts, prices were up over 11%.

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