Feb. 7
SAN FRANCISCO (MarketWatch) -- Oil futuresrallied on Friday, tacking on 2.5% for the week, after briefly topping $100 a barrel shortly before of the close of trading on the New York Mercantile Exchange. Prices found support from a rally in U.S. equities and as heating oil and gasoline prices climbed on the back of strong demand expectations and worries fo tight supplies. March crudeCLH4 +2.15% rose $2.04, or 2.1%, for the session to settle at $99.88 a barrel on Nymex - the highest close of this year. March natural gas NGH14 -2.43% fell 16 cents, or 3.2%, to settle at $4.775 per million British thermal unit, extending its losses after Thursday's report showing a smaller-than-expected U.S. supply decline. Prices fell 3.4% for the week.
Source: http://www.marketwatch.com/story/oil-up-25-on-week-after-briefly-topping-100-2014-02-07?
SAN FRANCISCO (MarketWatch) -- Oil futuresrallied on Friday, tacking on 2.5% for the week, after briefly topping $100 a barrel shortly before of the close of trading on the New York Mercantile Exchange. Prices found support from a rally in U.S. equities and as heating oil and gasoline prices climbed on the back of strong demand expectations and worries fo tight supplies. March crudeCLH4 +2.15% rose $2.04, or 2.1%, for the session to settle at $99.88 a barrel on Nymex - the highest close of this year. March natural gas NGH14 -2.43% fell 16 cents, or 3.2%, to settle at $4.775 per million British thermal unit, extending its losses after Thursday's report showing a smaller-than-expected U.S. supply decline. Prices fell 3.4% for the week.
Source: http://www.marketwatch.com/story/oil-up-25-on-week-after-briefly-topping-100-2014-02-07?
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