Energy Update: Crude Extends Slide, Natural Gas Steadies After Thursday Sell-Off

By
A A A

Crude oil is lower this morning, trading down nearly $1 a barrel as a weak tone continues to steer floor attitudes. Prices spent most of Thursday's session waffling on both sides of unchanged, although some traders reportedly pointed to comments from the IEA raising longer-term demand forecasts as a factor helping create a level of support for the market.

Natural gas futures are up slightly following yesterday's sell-off to their lowest level since May 27th.

At 9 a.m.

JUL Crude ( NY ) $93.91 -1.04

JUL Brent Crude (ICE) $113.59 -0.43

JUL Natural Gas ( NY ) 4/423 +0.011



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.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: NY

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

100%

Most Active by Volume

86,627,350
  • $61.80 ▼ 3.33%
58,636,005
  • $15.44 ▼ 1.03%
43,254,709
  • $64.8725 ▼ 0.15%
39,355,269
  • $3.38 ▲ 0.90%
39,064,711
  • $4.29 ▲ 1.42%
38,037,134
  • $95.035 ▼ 0.37%
36,100,193
  • $94.66 ▼ 0.32%
32,857,379
  • $26.20 ▼ 0.46%
As of 7/10/2014, 04:04 PM