Gasoline Market Update

On Nymex, April gasoline RBJ5, +0.11%  fell 2.4 cents, or 1.2%, to $1.926 a gallon and April heating oil HOJ5, -0.15%  ended at $1.901 a gallon, down 3.8 cents, or 2%.

On Thursday, the EIA will release its weekly report on natural-gas supplies. April natural gas NGJ15, +0.72%  settled up 5.7 cents, or 2.1%, at $2.769 per million British thermal units.

Oil Market Update

U.S. oil futures finished higher on Wednesday, despite a spike in U.S. weekly crude supplies, as a move by Saudi Arabia and comments from its oil minister implied strength in demand for oil.

Crude for delivery in April CLJ5, +0.43%  climbed $1.01, or 2%, to settle at $51.53 a barrel on the New York Mercantile Exchange. Prices had dropped below $50 after a government report showed that weekly crude supplies jumped by more than 10 million barrels.

Platinum Market Update

Elsewhere in metals trading, April platinum PLJ5, +0.37%  shed $7.90, or 0.7%, to end at $1,181.70 an ounce. June palladium PAM5, +0.10% lost $1, or 0.1%, to $830.65 an ounce. 

May copper HGK5, +0.24%  settled nearly flat at $2.6595 a pound.