Friday, 16 January 2015

Latest News About Energy Related

Crude oil at WTI registered highly mercurial movement with oil NYMEX March expiry contract losing lower by 4.55% to $46.75 per barrel though the commodity in evening session touched highs near $51.75 per barrel as well.

Natural Gas Feb contract at NYMEX also witnessed good amount of movement with the commodity rising smartly after the US EIA Inventory data though later scaled lower to close the day 2.3% to 3.15 per MMBTU. NG for Jan expiry contract at MCX fell by a percent to settle below the Rs 200 per MMBTU mark.

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