WTI rises first time in three days on lower inventories

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Source: Bloomberg
© Scanpix/AP
West Texas Intermediate crude advanced for the first time in a three-day period on Thursday after a report showed that inventories in the U.S., the world's largest consumer, declined last week. WTI for delivery in February gained 52 cents to $98.94 per barrel on the NYMEX and it traded at $98.92 as of 3:54 p.m. in Singapore.

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Thu, 02 Jan 2014 11:33:05 GMT

Natural gas rebounds on rising demand

Natural gas futures traded in New York advanced on Thursday rebounding from the largest one-day fall in an eight-month period after a cold weather forecast signalled that demand for heating fuels may rise. Natural gas for delivery next month gained 0.5% as of $4.253 a million British thermal units on the NYMEX and traded at $4.238 by 9:44 a.m. Singapore

Thu, 02 Jan 2014 11:11:04 GMT

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