Referenced Stocks

Energy Currents: Crude Extends Upside Run, Nears $99 a Barrel

By Midnight Trader,  July 20, 2011, 09:19:31 AM EDT

Crude oil futures are up more than $1 a barrel this morning after the September contract climbed $1.60 to settle at $97.86 a barrel yesterday. Dollar weakness contributed to the gains as well as a broader optimistism that carried most markets higher as progress appeared close in the US debt ceiling debate as well as Euro-zone debt issues. The rally also is supporting natural gas.

At 9:15 a.m.

SEP WTI Crude $98.68 +1.18

SEP Brent Crude ( ICE ) $118.70 +0.64

AUG Natural Gas ( NY ) $4.566 +0.033




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: ICE, NY



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