Natural-gas futures retained its strong gains in an electronic trade on Monday, while crude oil savored a more humble gain. March natural gas surged 17 cents or 3.3%, to $5.40 per million British thermal units, prolonging sharp gains from last week as cold weather slammed the eastern US.
March crude oil gained 37 cents, or 0.4%, to 100.72 per barrel, wiping out Friday’s 5-cent loss in the New York Mercantile Exchange, while competitor Brent crude oil to be delivered in April inched a penny higher to 109.09 per barrel.
March gasoline remained firm at $2.80 per gallon; March heating oil was also stable at $3.08 per gallon.
The material has been provided by InstaForex Company – www.instaforex.com
Natural-gas futures retained its strong gains in an electronic trade on Monday, while crude oil savored a more humble gain. March natural gas surged 17 cents or 3.3%, to $5.40 per million British thermal units, prolonging sharp gains from last week as cold weather slammed the eastern US.
March crude oil gained 37 cents, or 0.4%, to 100.72 per barrel, wiping out Friday’s 5-cent loss in the New York Mercantile Exchange, while competitor Brent crude oil to be delivered in April inched a penny higher to 109.09 per barrel.
March gasoline remained firm at $2.80 per gallon; March heating oil was also stable at $3.08 per gallon.
The material has been provided by InstaForex Company – www.instaforex.com
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