Saturday, November 7, 2015

Gasoline Market Update : Epic Research Singapore

Meanwhile, Baker Hughes BHI, +4.41%  said the weekly number of active U.S. oil-drilling rigs fell by 6 to 572 as of Friday. That was the 10th consecutive weekly decline.

Back on Nymex, December gasoline RBZ5, +1.02%  ended at $1.37 a gallon, up less than a cent for the day and losing roughly 0.2% on the week. December heating oil HOZ5, +0.82% ended under than half a cent higher at $1.49 a gallon—about 1.8% lower for the week.

December natural gas NGZ15, -0.38%  rose less than a cent to $2.371 per million British thermal units after a 4.5% rally a day earlier. For the week, the contract gained roughly 2.2%.

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