Friday, August 22nd13.9°C
21790

Crude oil prices edge lower in New York; Brent slightly higher in London

The price of oil held steady Friday on a quiet day for energy markets.

Benchmark West Texas Intermediate crude for August delivery edged 10 cents lower to close at US$105.74 a barrel on the New York Mercantile Exchange.

Brent crude, a benchmark used to price international oils used my many U.S. refineries, rose nine cents to close at US$113.30 a barrel in London.

The prices of both U.S. and international oils have slipped somewhat in recent days since reaching 10-month highs late last week, a sign investors are starting to believe that the violence in Iraq won't spread to that country's oil-producing south.

In other energy futures trading on the Nymex, wholesale gasoline rose 1.3 cents to close at US$3.07 a U.S. gallon (3.79 litres), heating oil fell 1.6 cents to close at US$3 a gallon and natural gas fell 1.1 cents close at US$4.39 per 1,000 cubic feet.

(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS), (TSX:CVE)

The Canadian Press


Read more Business News

22942


Recent Trending




Today's Market
S&P TSX15556.09-5.86
S&P CDNX1002.205.50
DJIA17018.97-20.52
Nasdaq4527.989-4.116
S&P 5001989.48-2.89
CDN Dollar0.9135-0.0006
Gold1277.70+4.00
Oil96.30+1.82
Lumber355.60-1.10
Natural Gas3.865-0.024

 
Okanagan Companies
Pacific Safety0.18-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.210.00
Cantex0.065-0.005
Anavex Life Sciences0.260.00
Metalex Ventures0.075-0.01
Russel Metals37.59+0.14
Copper Mountain Mining2.88-0.04
Colorado Resources0.1850.00
ReliaBrand Inc0.095+0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.215-0.015

 



21336

FEATURED Property
20425791356 Brentwood Crt
5 bedrooms 2 baths
$399,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


What is a journey without a destination?

Photo: ContributedI would call it a joy ride... You see a planned project or business has a destination. It may be an ongoing revenue stream, it may be a business value or an exit strategy. If you don...


Joint accounts: what you need to know!

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...


Cost of an Injury Lawyer

Let’s face it; nobody wants to pay for legal services if they do not have to, but if you have been injured in an accident you may have thought about hiring a lawyer to help you navigate your cla...

_



23002

22885


Member of BC Press Council


22885