Natural Gas Market Update

Natural-gas futures pulled back after a gain of 3.4% in the previous session, despite a government report showing supplies of the heating fuel fell a bit more than expected last week.

April natural gas NGJ15, +0.48%  settled at $2.734 per million British thermal units, down 9 cents, or 3.2%.

On Nymex, April gasoline RBJ5, -0.48% fell 1.7 cents, or 0.9%, to $1.81 a gallon, while April heating oil HOJ5, +0.19%  settled at $1.779 a gallon, down 4.1 cents, or 2.3%.

Oil Market Update

Oil futures settled near $47 a barrel on Thursday, with West Texas Intermediate prices marking their lowest settlement since late January following a ninth straight weekly increase in U.S. supplies.

Crude for delivery in April CLJ5, +0.13%  settled at $47.05 a barrel, down $1.12, or 2.3%, on the New York Mercantile Exchange. Prices haven’t settled this low since Jan. 29, based on the most-active contracts.

April Brent crude LCOJ5, +0.25%  on London’s ICE Futures exchange fell 46 cents, or 0.8%, to $57.08 a barrel after finding support earlier from ongoing violence by Islamic State militants in Iraq.

Platinum Market Update

Elsewhere in metals trading, April platinum PLJ5, +0.52%  shed 50 cents to $1,114.90 an ounce, while June palladium PAM5, +1.10% fell back by $2.45, or 0.3%, to $786.95 an ounce.

May copper HGK5, +0.55%  rose 5.3 cents, or 2%, to end at $2.659 a pound.