Search results
Results from the WOW.Com Content Network
The standardized NYMEX natural gas futures contract is for delivery of 10,000 million Btu of energy (approximately 10,000,000 cu ft or 280,000 m 3 of gas) at Henry Hub in Louisiana over a given delivery month consisting of a varying number of days. As a coarse approximation, 1000 cu ft of natural gas ≈ 1 million Btu ≈ 1 GJ.
On its last day as the front month, gas futures for July delivery on the New York Mercantile Exchange (NYMEX) rose 7 cents, or 1.1%, to $6.571 per million British thermal units (mmBtu) at 7:57 a.m ...
Brent crude oil futures rose by 42 cents, or 0.54%, to $77.5 per barrel by 0430 GMT. ... which is weighing on demand for heating fuels after extreme cold sparked a natural gas and diesel rally in ...
The following is a list of futures contracts on physically traded commodities. Agricultural ... Natural gas: NYMEX: 10,000 million BTU: NG Natural gas: ICE: 1,000 ...
The most commonly quoted producer price for natural gas is the Louisiana-based Henry Hub price, which is futures-traded on NYMEX. A barrel of oil releases about 5.8 million BTU when burned, so that 5.8 MCF of gas (at the standard one thousand BTU per cubic foot) releases about the same energy as a barrel of oil.
On its last day as the front month, gas futures for July delivery on the New York Mercantile Exchange (NYMEX) rose 5.0 cents, or 0.8%, to settle at $6.551 per million British thermal units (mmBtu).
NYMEX provided an "open market" and thus transparent pricing for heating oil, and, eventually, crude oil, gasoline, and natural gas. NYMEX's oil futures contracts were standardized for the delivery of West Texas Intermediate light, sweet crude oil to Cushing. [10]
US crude oil futures have risen about 5% since the Israel-Hamas war started earlier this month, but that jump hasn't stopped the downward trend in gasoline prices. ... "Gas prices seasonally fall ...