DAILY OIL PRICE: May 29
Crude Oil: 58.81 (-0.33).Nymex MTD AVG: 61.2952.Natural Gas: 2.633 (+0.051).Gasoline: 1.9452 (-0.0115).Spreads: July/August (-.14) August/September (-.04).Plains WTI Posting: 55.25 (-0.75).</ul
ELAM: WTIC cracks $60 to the downside
Thursday US oil futures tanked 5.7%, the biggest percentage loss of the year. The DJIA recouped some of its losses in the final hour...
DAILY OIL PRICE: May 31
Crude Oil: 53.50 (-3.09).Nymex MTD AVG: 60.8919.Natural Gas: 2.454 (-0.093).Gasoline: 1.8020 (-0.0766).Spreads: July/August (-.14) August/September (-.09).Plains WTI Posting: 50.00 (-3.00).</ul
DAILY OIL PRICE: May 15
Crude Oil: 62.02 (+0.24).Nymex MTD AVG: 61.9013.Natural Gas: 2.601 (-0.058).Gasoline: 2.0127 (+0.0360).Spreads: June/July (-.22) July/August (-.15).Plains WTI Posting: 58.50 (+0.25).</ul
DAILY OIL PRICE: May 14
Crude Oil: 61.78 (+0.74).Nymex MTD AVG: 61.8929.Natural Gas: 2.659 (+0.038).Gasoline: 1.9767 (+0.0130).Spreads: June/July (-.18) July/August (-.12).Plains WTI Posting: 58.25 (+1.00).</ul
DAILY OIL PRICE: May 21
Crude Oil: 62.99 (-0.11).Nymex MTD AVG: 62.1790.Natural Gas: 2.613 (-0.060).Gasoline: 2.0193 (+0.0094).Spreads: June/July (-.14) July/August (-.08).Plains WTI Posting: 59.50 (+0.00).</ul
DAILY OIL PRICE: May 2
Crude Oil: 61.81 (-1.79).Nymex MTD AVG: 62.7050.Natural Gas: 2.589 (-0.031).Gasoline: 2.0183 (-0.0459).Spreads: June/July (-.09) July/August (-.04).Plains WTI Posting: 58.25 (-1.75).</ul
DAILY OIL PRICE: May 22
Note: The June Contract has expired, and the July Contract is now prompt. Today, the July Contract price decreased by -$1.71.
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DAILY OIL PRICE: May 3
Crude Oil: 61.94 (+0.13).Nymex MTD AVG: 62.2460.Natural Gas: 2.567 (-0.022).Gasoline: 2.0265 (+0.0082).Spreads: June/July (-.10) July/August (-.03).Plains WTI Posting: 58.50 (+0.25).</ul
ELAM: Oil and stock prices likely topping
The Reuters/Jefferies Commodity Resource Bureau index peaked in 2008 around 460 after rising from 180 in year 2002. By 2011 it had regained 370....