Tuesday, November 9, 2010
Commodity Corner: Crude Oil Ends 6 Day Rally
According to the Energy Information Administration's (EIA) report, 2010 U.S. natural gas production should increase 2.5 percent from 2009 levels and 0.2 bcf a day for October's marketed natural gas production. The intraday range for natural gas was $4.06 to $4.23. RBOB gasoline for December contract also settled up Tuesday, adding 0.65 cent, to $2.19 a gallon the highest since Aug. 3. Gasoline prices fluctuated between $2.16 and $2.20 Tuesday.
Courtesy of Rigzone.Com