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Gasoline Market Update
Gasoline blendstock for January RBF5, +1.03% — the benchmark gasoline contract — rose 306 points to $1.5901 a gallon, while January diesel traded at $1.9868, 246 points higher.
Heating oil for January HOF5, +0.69% rose 3 cents to $1.99 a gallon, while natural gas for the same month NGF15, -4.10% dropped 15 cents to $3.32 per million British thermal unit.
Heating oil for January HOF5, +0.69% rose 3 cents to $1.99 a gallon, while natural gas for the same month NGF15, -4.10% dropped 15 cents to $3.32 per million British thermal unit.
Comex Market Update
Crude-oil futures rose early Monday as the excessive drop in oil prices in recent weeks sparked some buying interest and short-covering among investors before the end of the year, traders said.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG5, +0.96% jumped $1.29, or 2.3%, to 58.52 a barrel, hitting the highest level since Dec. 11, according to FactSet data. February Brent crude on London’s ICE Futures exchange LCOG5, +1.22% rose $2.59 to $62.60 a barrel.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG5, +0.96% jumped $1.29, or 2.3%, to 58.52 a barrel, hitting the highest level since Dec. 11, according to FactSet data. February Brent crude on London’s ICE Futures exchange LCOG5, +1.22% rose $2.59 to $62.60 a barrel.
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