Tags: Oil | Prices | Glance

Natural Gas Tumbles On Large Supplies

Thursday, 18 February 2010 04:13 PM EST

Natural gas prices tumbled nearly 4 percent after the government said supplies are still higher than average for this time of year. With the winter more than half over and warmer temperatures on the horizon, natural gas prices slumped.

Here's a breakdown of how energy prices traded Thursday:

On the New York Mercantile Exchange:

Crude: added $1.73 to settle at $79.06 a barrel.

Gasoline: rose 6.21 cents to settle at $2.0692 a gallon.

Heating oil: added 4.49 cents to settle at $2.0516 a gallon.

Natural gas: lost 21.4 cents to settle at $5.172 per 1,000 cubic feet.

On the ICE futures exchange:

Brent crude: increased $1.51 to settle at $77.78 a barrel.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Markets
Natural gas prices tumbled nearly 4 percent after the government said supplies are still higher than average for this time of year. With the winter more than half over and warmer temperatures on the horizon, natural gas prices slumped.Here's a breakdown of how energy prices...
Oil,Prices,Glance
112
2010-13-18
Thursday, 18 February 2010 04:13 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved