Exxon Mobil (NYSE:XOM), ConocoPhillips (NYSE:COP), Shell (NYSE:RDS-a) and Chevron (NYSE:CVX) traded mixed on Friday even as oil prices continue to rise, along with gasoline prices, which have risen on national average for 24 days in a row.
Benchmark West Texas Intermediate crude for May delivery on Friday climbed $1.55 to settle at $109.66 a barrel on the New York Mercantile Exchange. At one point it rose to $110.10. In London, Brent crude added $1.45 to settle at $123.45 a barrel on the ICE Futures exchange.
Gasoline Friday rose 5.45 cents to settle at $3.2892 a gallon. Natural gas dropped 0.8 cent to settle at $4.204 per 1,000 cubic feet. Heating oil increased 3.52 cents to settle at $3.2242 a gallon.
The average price of gasoline is now above $4 a gallon in five states, and it is about rise to that level in New York and Washington, D.C. over the weekend.
Chevron closed Friday at $106.24, gaining $1.36, or 1.30 percent. Royal Dutch Shell closed at $72.86, falling $0.50, or 0.68 percent. ConocoPhillips ended the day at $79.12, up $0.84, or 1.07 percent. Exxon Mobil closed at $84.29, rising $0.85, or 1.02 percent.
Monday, April 18, 2011
Exxon (XOM) (COP) (RDS-a) (CVX) Closed Mixed as Oil, Gas Continue to Climb
Labels:
Chevron,
Conocophillips,
Crude Oil,
ExxonMobil,
Gas Prices,
Royal Dutch Shell
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