Gasoline supplies edged down by 100,000 barrels, while distillate stockpiles fell 1.6 million barrels last week, according to the EIA.August gasoline RBQ6, +0.57% fell 7 cents, or 4.9%, to $1.363 a gallon, while August heating oil HOQ6, +0.67% declined by 6.1 cents, or 4.1%, to $1.411 a gallon.
July natural gas NGQ16, -0.90% fell less than a penny, or 0.3%, to $2.777 per million British thermal units after tapping a high of $2.841.
The five-year average increase is 77 billion cubic feet, according to Williams. “We are still well above the five-year average of gas in storage but are converging toward the norm every week [with] high use by power companies and a little decline in production.”
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment