Bulletin
Investor Alert

Market Pulse Archives

Oct. 5, 2021, 2:49 p.m. EDT

Natural-gas futures end at highest since late 2008; U.S. oil futures at 7-year high

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Myra P. Saefong

Natural-gas futures rallied on Tuesday, with tight global supplies ahead of the winter heating season lifting prices to their highest finish in almost 13 years. Oil futures also climbed, with U.S. benchmark prices settling at their highest since October 2014 as traders bet that supplies won't be enough to meet growing demand. November natural gas rose 55 cents, or 9.5%, to settle at $6.312 per million British thermal units, the highest front-month contract finish since December 2008, according to Dow Jones Market Data. November West Texas Intermediate crude added $1.31, or 1.7%, to settle at $78.93 a barrel for the highest close since late October 2014.

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.