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Crude Can't Hold Gains

Stock quotes in this article: USO , OIL , XOM , CVX , MUR , ATN  

Updated from 11:46 a.m. EST

Crude oil futures lost ground Monday despite the cold snap, as traders focused on forecasts of milder than previously anticipated weather.

Prices for March delivery of light sweet crude lost 82 cents to close at $52.58 a barrel on the Nymex. Other parts of the energy complex were mixed. Near-dated natural gas futures added 43 cents to $7.32 per million British thermal units.

Heating oil was unchanged at $1.51 a gallon, and gasoline was off 2 cents at $1.38 a gallon. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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