Friday, June 10, 2016

Natural gas Market Update : Epic Research Singapore

Natural gas futures NGN16, -0.84%  on Nymex fell 0.6 cent, or 0.2%, to settle at $2.468 per million British thermal units, a day after rising to a seven-month high. A switch from coal to natural gas by electric utilities and long-range weather concerns helped lift natural gas in recent weeks.

Nymex reformulated gasoline blendstock RBN6, -0.09% —the benchmark gasoline contract—rose 3.27 cents, or 2.1%, to end at $1.6198 a gallon. July heating oil HON6, -0.02%  rose 2.9 cents, or 1.9% to close at $1.5705 a gallon—its highest finish since Oct. 9.

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