Front Month ICE Brent Crude for Sept. delivery gained 26 cents per barrel, or 0.35% to $74.74 today. --Up six of the past seven sessions. --Highest settlement value since Wednesday, July 14, 2021.
Front Month Nymex Crude for Sept. delivery gained 74 cents per barrel, or 1.03% to $72.39 today. --Largest one day dollar and percentage gain since Thursday, July 22, 2021. --Snaps a two session losing streak.
Front Month Nymex Natural Gas for Aug. delivery gained 7.30 cents per million British thermal units, or 1.84% to$ 4.0440 per million British thermal units today. --Largest one day dollar and percentage gain since Wednesday, July 21, 2021. --Up eight of the past nine sessions.
Fujairah Oil Industry Zone on Wednesday published the
following weekly inventory data for oil products for the week ended July 26, according to
industry information service S&P Global Platts.
U.S. crude-oil stockpiles are expected to decrease from the previous week in data due Wednesday from the U.S. Energy Department, according to a survey of analysts and traders by The Wall Street Journal. Estimates from 10 analysts and traders showed U.S. oil inventories are projected to have fallen by 2.2 million barrels in the week ended July 23, with forecasts ranging from a decline of 4.8 million barrels to an increase of 1 million barrels.
A trade group representing major U.S. passenger and cargo airlines and others on Tuesday asked the Federal Energy Regulatory Commission to take emergency action to address fuel shortages at Reno-Tahoe Airport in Nevada through August.
Front Month ICE Brent Crude for Sept. delivery lost two cents per barrel, or 0.03% to $74.48 today. --Largest one day dollar and percentage decline since Monday, July 19, 2021. --Snaps a five session winning streak.
Front Month Nymex Crude for Sept. delivery lost 26 cents per barrel, or 0.36% to $71.65 today. --Largest one day dollar and percentage decline since Monday, July 19, 2021. --Down for two consecutive sessions.
Front Month Nymex Natural Gas for Aug. delivery lost 13.10 cents per million British thermal units, or 3.19% to$ 3.9710 per million British thermal units today. --Largest one day dollar decline since Thursday, Feb. 18, 2021. --Largest one day percentage decline since Tuesday, June 15, 2021.
A trade group representing major U.S. passenger and cargo airlines and others on Tuesday asked the Federal Energy Regulatory Commission to take emergency action to address fuel shortages at Reno-Tahoe Airport in Nevada through August.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
