Front Month ICE Brent Crude for Dec. delivery lost $1.21 per barrel, or 1.41% to $84.61 today. --Largest one day dollar and percentage decline since Wednesday, Oct. 6, 2021. --Snaps a two session winning streak.
Front Month Nymex Crude for Dec. delivery lost 92 cents per barrel, or 1.10% to $82.50 today. --Largest one day dollar and percentage decline since Wednesday, Oct. 6, 2021. --Snaps a five session winning streak.
Front Month Nymex Natural Gas for Nov. delivery lost 5.50 cents per million British thermal units, or 1.06% to $5.1150 per million British thermal units today. --Snaps a two session winning streak. --Off 18.96% from its 52- week high of $6.312 hit Tuesday, Oct. 5, 2021.
* ALASKA AIR CEO BEN MINICUCCI ON JET FUEL COST SAYS HUGE IMPACT TO BOTTOM LINE AND HIGHER TICKET PRICES FOR CONSUMERS - CNBC INTERVIEW. * ALASKA AIR CEO SAYS SOME INCREMENTAL INCREASE IN TICKET PRICING BECAUSE OF COST OF FUEL- CNBC INTERVIEW.
China's thermal coal futures fell by their trading limit for the third evening session in a row on Thursday, extending losses triggered by signs Beijing may intervene to cool surging prices and ease a widespread power crunch.
Oil prices were mixed on Thursday, paring earlier gains, as some investors scooped up profits from the recent rally while solid demand in the United States and a switch to fuel oil from coal and gas amid surging prices underpinned market sentiment.
* Gasoline, diesel margins rebound globally as COVID-19 curbs ease. * Global oil products inventories fall to lowest since 2014 - FGE. * Maintenance, high natural gas prices to constrain supply in Q4. * Asia crude runs to reach 29.5 mln bpd in Q4, up 1.4% y/y - FGE. * Formosa to process 400,000 bpd in Nov, up 5-8% from Oct. By Florence Tan, Roslan Khasawneh and Ahmad Ghaddar.
Front Month ICE Brent Crude for Dec. delivery gained 74 cents per barrel, or 0.87% to $85.82 today. --Up for two consecutive sessions. --Up $1.49 or 1.77% over the last two sessions.
Front Month Nymex Crude for Nov. delivery gained 91 cents per barrel, or 1.10% to $83.87 today. --Up for five consecutive sessions. --Up $3.43 or 4.26% over the last five sessions.
Front Month Nymex Natural Gas for Nov. delivery gained 8.20 cents per million British thermal units, or 1.61% to$ 5.1700 per million British thermal units today. --Up for two consecutive sessions. --Up 18.10 cents or 3.63% over the last two sessions.
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