<< Read Full Article

Late Buying Lifts Crude

Stock quotes in this article: XOM , CVX , COP , BP , EQT , XEC , SLB , KMB  

Updated from 2:21 p.m. EDT

A late flurry of buying sent crude prices to a higher close Friday.

The newly benchmarked December contract closed up 61 cents to $60.63 a barrel, although crude finished down about 2% for the week. Heating oil dropped less than a penny to finish at $1.87 a gallon, and unleaded gasoline closed up 2.69 cents at $1.64. Natural gas fell 10.5 cents to $12.87 per million British thermal units.

David Pursell, a partner at Pickering Energy Partners, said a bullish report Friday from the U.S. Minerals Management Service helped push crude prices up. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services