Showing posts with label Petrochina. Show all posts
Showing posts with label Petrochina. Show all posts

Friday, May 20, 2011

Crimson (CXPO) (CRZO) (SLB) (TSO) (PTR) Trading Mixed

Shares of Crimson Exploration (NASDAQ:CXPO), Carrizo Oil & Gas (NASDAQ:CRZO), Schlumberger (NYSE:SLB), Tesoro Corporation (NYSE:TSO) and PetroChina (NYSE:PTR) were trading mixed today as oil prices were trading down in the session.

Crude-oil futures were trading down $0.79 to $97.65 a barrel on the New York Mercantile Exchange.

U. S. crude oil prices also gained some back from earlier losses spurred by comments from the German Bundesbank, which said growth in Europe's largest economy will probably slow down.

Shares of oil companies like BP (NYSE:BP), Anadarko (NYSE:APC), Transocean and Cameron International (NYSE:CAM), all of which were connected to the Gulf oil spill, were all trading up on news of the settlement between BP and Macondo Well partner Mitsui (OTC:MITSY).

PetroChina (PTR) was trading at $134.43, gaining $1.13, or 0.85 percent, as of 2:33 PM EDT. Tesoro Corporation (TSO) was at $23.96, down $0.11, or 0.46 percent. Schlumberger (SLB) was trading at $84.15, up $0.57, or 0.68 percent. Carrizo Oil & Gas (CRZO) was at $35.61, gaining $0.44, or 1.27 percent. Cameron International (CAM) was trading at $3.92, falling $0.01, or 0.25 percent.

Brigham (BEXP) (BOLT) (FTK) (STR) (PTR) Trade Mixed as Energy Falls

Shares of Brigham Exploration (NASDAQ:BEXP), Bolt Technology Corp. (NASDAQ:BOLT), Flotek Industries, Inc. (NYSE:FTK), Questar Corporation (NYSE:STR) and PetroChina (NYSE:PTR) traded mixed on Thursday as oil and gas were down on the day.

Benchmark crude for June delivery fell $1.63 to settle at $98.93 per barrel on the New York Mercantile Exchange.

Brent crude oil for July delivery was down 23 cents, or 0.2 percent, to $112.07.

June, heating oil fell 1.12 cents to settle at $2.8947 a gallon, gasoline dropped 2.95 cents to $2.926 a gallon and natural gas fell 10.5 cents to $4.161 per 1,000 cubic feet.

Linn Energy, LLC (LINE) closed Thursday at $38.35, gaining $0.33, or 0.87 percent. Lufkin Industries, Inc. (LUFK) ended the session at $85.06, up $1.81, or 2.17 percent.

Brigham Exploration (BEXP) closed Thursday at $29.03, gaining $0.06, or 0.21 percent. Flotek Industries, Inc. (FTK) closed at $8.29, gaining $0.11, or 1.34 percent.

Wednesday, May 18, 2011

Ex-Dividend for (NEBS) (NTG) (NYH) (PTR) (STO) is May 20

The ex-dividend date for New England Bancshares Inc. (NASDAQ:NEBS), Tortoise MLP Fund (NYSE:NTG), Eaton Vance New York Municipal Bond Fund II (NYSE:NYH), PetroChina Company Ltd. (NYSE:PTR) and Statoil ASA (NYSE:STO) is May 20.

New England Bancshares Inc. (NEBS) pays a dividend of $0.03 with a yield of 1.26 percent.

Tortoise MLP Fund (NTG) pays a dividend of $0.41 with a yield of 6.20 percent.

Eaton Vance New York Municipal Bond Fund II (NYH) pays a dividend of $0.07 with a yield of 6.96 percent.

PetroChina Company Ltd. (PTR) pays a dividend of $2.49 with a yield of 3.39 percent.

Statoil ASA (NYSE:STO) pays a dividend of $0.94 with a yield of 3.61 percent.

Tuesday, May 17, 2011

Shares of (DVN) (HES) (RIG) (PBR) (PTR) Trade Mixed

The share prices of Devon Energy (NYSE:DVN), Hess Corporation (NYSE:HES), Transocean (NYSE:RIG), Petrobras (NYSE:PBR) and PetroChina (NYSE:PTR) traded mixed Monday as the falling price of oil and gas weighed on the companies.

U.S. crude futures fell 2.3 percent and gasoline futures dropped 5 percent to hit a nine-week low as worries mounted about high prices squelching energy demand and the fragile economy weigh on the industry.

Crude futures have fallen close to 15 percent so far on the month.

Oil futures were down 2.3 percent to $97.37 a barrel in New York. June Brent fell to $112.87, down 1 percent for Monday.

Gasoline futures for June delivery declined 14 cents, or 5.01 percent, to end the session at $2.93 a gallon, the lowest close since March 16.

U.S. gasoline at the retail level fell to $3.955 Monday from $3.961 Sunday. Diesel prices dropped $4.123 from $4.127.

June natural gas closed up 7 cents, or 1.7 percent, at $4.32 per million British thermal units. Natural gas prices were up on concerns flooding in Louisiana may cut back on supply.

Heating oil futures were down Monday, with the June heating oil contract closing at $2.87 a gallon, down 7 cents, or 2.3 percent.

Petrobras closed Monday at $33.62, rising $0.58, or 1.76 percent.

Monday, May 16, 2011

Whiting (WLL) (OAS) (BHI) (BPL) (PTR) Trade Mixed as Oil Prices Rebounded

Shares of Whiting Petroleum (NYSE:WLL), Oasis Petroleum (NYSE:OAS), Baker Hughes Incorporated (NYSE:BHI), Buckeye Partners L.P. (NYSE:BPL) and PetroChina (NYSE:PTR) traded mixed even as oil prices closed Friday in positive territory.

On the New York Mercantile Exchange, crude for June delivery on Friday settled at $99.65 a barrel, up 68 cents, or 0.69 percent, after trading in a range of $97.09 to $100.70.

For the week, front-month crude climbed $2.47, or 2.5 percent.

ICE Brent for June delivery settled at $113.83 a barrel, up 85 cents, or 0.75 percent, after trading in a range of $111.72 to $114.92. The Brent crude contract for July delivery was at 66 cents, or 0.6 percent higher on Friday, at $112.99. Last week, Brent crude jumped $4.70, or 4.3 percent.

The U.S. dollar index was up 0.8 percent higher at $75.72 as the euro was down 1 percent against the dollar at $1.411. On Friday, European officials said that Greece, Ireland and Portugal's sovereign debt problems may be worse than previously believed.

NYMEX June gasoline settled at $3.0744 a gallon, up 1.05 cents, or 0.34 percent, after trading in a range of $3.0342 to $3.1388.

For the week, front-month RBOB fell 1.57 cents, or 0.5 percent.

NYMEX June heating oil closed at $2.9422 a gallon, rising 2.85 cents, or 1 percent.

Front-month heating oil for last week was up 9.65 cents.

Whiting Petroleum (WLL) closed Friday at $62.39, dropping $0.57, or 0.91 percent.

Wednesday, May 11, 2011

BP (BP) (PTR) (BOLT) (OIS) (GST) Trade Positive as Oil, Gas Rise

Crude oil, natural gas and gasoline prices jumped Tuesday, pushing up the share prices of PetroChina (NYSE:PTR), Bolt Technology Corp. (NASDAQ:BOLT), Oil States Intl., Inc. (NYSE:OIS), Gastar Exploration Ltd (AMEX:GST) and BP (NYSE:BP).

Benchmark crude for May delivery rose $1.33 to settle at $103.88 a barrel on the New York Mercantile Exchange.

Heating oil jumped 3.94 cents to settle at $3.0012 a gallon. Gasoline futures climbed 10.13 cents to settle at $3.3797 a gallon, while natural gas for June delivery increased 8.7 cents to settle at $4.303 per 1,000 cubic feet.

Uncertainty remains as to the effects of the flooding along the Mississippi River could have on regional refinery operations, which could slow down gasoline production and put upward pressure on prices.

Gastar Exploration Ltd (AMEX:GST) closed at $4.11, up $0.13, or 3.27 percent.

Tuesday, May 10, 2011

Bolt (BOLT) (PETD) (HK) (PTR) (RIG) Trade Up as Oil Prices Rebound

Most oil and related companies performed strong Monday, as Bolt Technology Corp. (NASDAQ:BOLT), PDC Energy (NASDAQ:PETD), Petrohawk Energy Corp. (NYSE:HK), PetroChina (NYSE:PTR) and Transocean (NYSE:RIG) traded up as the price of oil rebounded.

Gastar was the only one of the list above to close down Monday.

Crude oil for June delivery climbed $5.37 to settle at $102.55 a barrel on the New York Mercantile Exchange, the largest one-day boost since February 22.

Brent crude for June settlement jumped $6.77, or 6.2 percent, to $115.90 a barrel on the London-based ICE Futures Europe exchange.

Wholesale gasoline prices soared 5 percent on Monday to $3.20 a gallon on fears that refineries in Mississippi may have to shut down because of the Mississippi River flooding.

The average U.S. price of a gallon of regular gasoline Monday fell by a penny to $3.96, according to AAA.

Immediate delivery futures of Texas crude oil rose $5.53 to $102.71 a barrel. Natural gas was up 0.06 cents to $4.17 per mbtu, while gasoline prices fell 20.17 cents to 329.18 cents a gallon.

PetroChina (PTR) closed Monday at $136.28, climbing $1.39, or 1.03 percent.

Monday, May 9, 2011

Shares of (SHI) (NOG) (TAT) (END) (PTR) Trade Mixed as Oil Closed Down 15% Last Week

Companies exposed to oil and the industry traded mixed to end the week, as oil prices plummeted 15 percent last week, taking SINOPEC Shangai Petrochemical (NYSE:SHI), Northern Oil and Gas (Amex:NOG), TransAtlantic Petroleum (NYSE:TAT), Endeavour International (NYSE:END), PetroChina (NYSE:PTR), and others, down with it.

Light, sweet crude oil for June delivery on the New York Mercantile Exchange dropped $2.62 to settle at $97.18 a barrel, matching the eight-week low of March 15. The U.S. Oil Fund (USO) closed down 1.1 percent on Friday.

For the week, the June oil futures contract fell 14.7 percent to $113.93.

Light, sweet crude for June delivery fell $2.62, or 2.6%, to close at $97.18 a barrel on the New York Mercantile Exchange.

In London, Brent crude finished the day off $1.67 at $109.13 per barrel on the ICE Futures exchange.

Republicans went on the offensive against higher oil and gas prices by passing a bill to hasten the leasing process dragging on in the Gulf of Mexico as the Obama administration drag their feet on taking action. The bill would also require leasing to be allowed off the coast of Virginia.

According to Rep. Michael Burgess (R-Texas), the bill helped push down the price of oil as it sent a message to the market they're serious about the future supply.

All Obama has done so far has obsessed on the fantasy of green, clean or so-called alternative energy; a dubious matter at best, and at worst, ignoring what they country needs now and is available to it.

In other Nymex trading for June contracts, heating oil fell 4.12 cents to $2.8457 a U.S. gallon and gasoline futures were down 0.53 cents to $3.0901 a U.S. gallon. Natural gas fell 3.4 cents to $4.297 per 1,000 cubic feet.

SINOPEC Shangai Petrochemical (SHI) closed Friday at $49.66, jumping $3.48, or 7.54 percent.

Big Movers (INFY) (SM) (PTR) (ONXX) (EOC) on May 6

Among the big, positive movers on Friday, May 6, were Infosys Technologies (INFY), Sm Energy Company (SM), Petrochina Company (PTR), Onyx Pharmaceuticals (ONXX) and Empresa Nacional (EOC).

Infosys Technologies (INFY) jumped $1.52, to close at $64.82, a gain of 2.40 percent.

Sm Energy Company (SM) was up $1.51 on the day to close at $65.26, a gain of 2.37 percent.

Petrochina Company (PTR) climbed $1.51 to close at $134.89, a gain of 1.13 percent.

Onyx Pharmaceuticals (ONXX) rose $1.50 to close the session at $39.81, a gain of 3.92 percent.

Empresa Nacional (EOC) was up $1.50 to end the day at $25.38, a gain of 2.74 percent.

Friday, May 6, 2011

Brigham (BEXP) (BOLT) (GEOI) (PTR) (XOM) Pressured as Oil Tumbles

Shares of oil and oil-related companies Brigham Exploration (NASDAQ:BEXP), Bolt Technology Corp. (NASDAQ:BOLT), GeoResources (NASDAQ:GEOI), PetroChina (NYSE:PTR) and Exxon Mobil (NYSE:XOM) were pressured Thursday as crude for June delivery dropped below the $100 a barrel mark.

Crude oil for June delivery was down $9.44, or 8.6 percent, to $99.80 a barrel on the New York Mercantile Exchange. The price has fallen 12 percent so far this week, declining every day of the week. Crude has soared 25 percent over the last year.

Gasoline for May delivery was down 22.71 cents, or 6.8 percent, to $3.0954 a gallon on the Nymex, the lowest settlement in five weeks. Gasoline has jumped 39 percent in a year.

Averaged across the nation, regular gasoline at the pump increased 0.3 cent to $3.985 a gallon on Wednesday, according to the website of AAA. That's highest price of gasoline since July 24, 2008.

Heating oil for May delivery was down 25.61 cents, or 8.1 percent, to $2.8869 a gallon on the Nymex. Heating oil has climbed 32 percent over the last year.

The New York Mercantile Exchange reported that oil futures settled at $99.80, down $9.44 or 8.6 percent on Thursday.

Government figures show gasoline demand in America has dropped about 2 percent over the last month, which added to rises in inventory, should push gasoline prices down again.

Brigham Exploration (BEXP) closed Thursday at $27.59, dropping $0.91, or 3.19 percent.

Thursday, May 5, 2011

Valero (VLO) (SLB) (STR) (PTR) Trade Down on Slowing Oil Demand

Oil companies and other industry-related companies PetroChina (NYSE:PTR), Questar (NYSE:STR), Valero Energy (NYSE:VLO) and Schlumberger (NYSE:SLB) all closed down Wednesday as oil prices took a breather.

Oil prices dropped after a government report showed that inventories are growing as demand softens in the U.S. Benchmark crude for June delivery was down $1.81 to settle at $109.24 a barrel on the New York Mercantile Exchange.

In other NYMEX trading for June contracts, heating oil fell 4.78 cents to settle at $3.143 a gallon, gasoline futures lost 0.69 cent to $3.3225 a gallon and natural gas was lower by 9.4 cents to $4.644 per 1,000 cubic feet.

The U.S. dollar index dropped 0.15 percent to $73.01, down from Tuesday's 73.127 close. The dollar index has fallen 7.5 percent so far in 2011.

PetroChina (PTR) closed Wednesday at $138.69, falling $2.38, or 1.69 percent.

Wednesday, May 4, 2011

Transocean (RIG) (FTK) (RRC) (KOG) (PTR) Trade Down as Oil Demand Falls

Falling demand for fuel has pushed down oil inventories and the price of oil, putting pressure on Flotek Industries, Inc. (NYSE:FTK), Range Resources (NYSE:RRC), Kodiak Oil & Gas (Amex:KOG), PetroChina (NYSE:PTR) and Transocean (NYSE:RIG).

Light, sweet crude for June delivery settled down $2.47, or 2.2%, at $111.05 a barrel on the New York Mercantile Exchange. London Brent crude for June fell $2.67 to settle at $122.45 a barrel.

Front-month June reformulated gasoline blendstock, or RBOB, settled down $1.85 cents, or 0.6%, at $3.3294 a gallon. June heating oil lost 6.13 cents, or 1.9%, to settle at $3.1908 a gallon.

Gasoline prices on average across America have jumped to just under $4.00 a gallon, rising to $3.97 a gallon for regular gas, according to AAA.

Silver is considered the key catalyst for downward pressure on oil prices and trading, as it has become a proxy to some for risk appetite among commodity traders.

After selling out of silver commodity traders followed up with divesting of positions in oil as well.

Even so, it appears the slight strengthening of the U.S dollar played a bit role Tuesday as well.

Range Resources (RRC) closed Tuesday at $54.39, falling $1.96, or 3.48 percent.

Tuesday, May 3, 2011

Transocean (RIG) (DRQ) (HNR) (SLB) (PTR) Trade Down on Volatile Energy Day

On a volatile day for oil prices, shares of Dril-Quip, Inc. (NYSE:DRQ), Harvest Natural Resources (NYSE:HNR), Schlumberger (NYSE:SLB), PetroChina (NYSE:PTR) and Transocean (NYSE:RIG) closed down on the uncertainty following the death of Osama bin Laden.

Crude futures settled lower Monday after the death of Osama bin Laden stirred up oil markets, as traders attempted to measure the impact of the event on the stability in the Middle East.

Light, sweet crude for June delivery settled 41 cents, or 0.4%, lower at $113.52 a barrel on the New York Mercantile Exchange, in a volatile session that saw both two-and-a-half year highs near $115 a barrel and a decline to $110.82 a barrel.

Brent crude on the ICE futures exchange closed 77 cents lower at $125.12 a barrel.

Front-month June reformulated gasoline blendstock, or RBOB, settled 5.05 cents, or 1.5 percent down at $3.3479 a gallon. June heating oil settled 2.37 cents, or 0.7 percent lower at $3.2521 a gallon.

Transocean closed Monday at $70.44, dropping $2.31, or 3.18 percent.

Monday, May 2, 2011

Halliburton (HAL) (CWEI) (RRC) (FTI) (PTR) Trade Mixed on Gas, Oil Price Jumps

Halliburton (NYSE:HAL), Clayton Williams Energy (NASDAQ::CWEI), Range Resources (NYSE:RRC), FMC Technologies, Inc. (NYSE:FTI) and PetroChina (NYSE:PTR) close mix Friday as oil and gasoline prices jump again.

Nymex light, sweet crude oil for June delivery rose $1.07 a barrel, to $113.93 a barrel. That's the highest close in two-a-half-years.

On Nymex, reformulated gasoline blendstock futures for May delivery expired at $3.4648 a gallon, up 3.5 cents Friday. That is the highest level since July 14, 2008. Prices have soared 23.17 cents, or 7.2 percent, over the past week.

AAA Daily Fuel Gauge Report said the nationwide average price of regular gasoline was $3.909 a gallon Friday, up 6.1 cents from last week.

May heating oil expired at $3.2558 a gallon, up 2.42 cents, and the highest since April 8.

Tightening inventory and higher gasoline prices continue to push oil prices up. Another major factor, as it is with most commodities, is the ongoing collapse of the U.S. dollar. That will continue based on Federal Reserve chairman Ben Bernanke's comments he's not going to raise interest rates.

Halliburton closed Friday at $50.48, gaining $0.22, or 0.44 percent.

Friday, April 29, 2011

Vaalco (EGY) (CLR) (FTK) (GEOI) (PTR) Close Mixed as Oil, Gas Rise

Continental Resources (NYSE:CLR), Flotek Industries, Inc. (NYSE:FTK), GeoResources (NASDAQ:GEOI), Vaalco Energy (NYSE:EGY) and PetroChina (NYSE:PTR) closed mixed as oil, gasoline and natural gas moved up in price Thursday.

Oil settled higher in volatile trading Thursday, pushed up by a collapsing U.S. dollar. After soaring to close to $114 a barrel, West Texas Intermediate crude settled up 10 cents, at $112.86, in futures trading in New York.

Brent North Sea crude oil fell 11 cents to settle at $125.02 a barrel on the Ice Futures exchange.

In futures trading on the New York Mercantile Exchange, natural gas climbed 15.7 cents to settle at $4.63 per million British thermal units.

Gasoline for May delivery jumped 1.04 cents, or 0.3 percent, to $3.4298 a gallon, the highest settlement since July 14, 2008. Futures have risen 47 percent in the past year.

The Dollar Index fell to the lowest level since July 31, 2008. The index was down 0.5 percent to 73.139, its eighth straight daily decline.

Wednesday, April 27, 2011

Endeavour (END) (TSO) (PTR) (RIG) Close Down as Oil Settles at $112.21

Endeavour International (NYSE:END), Tesoro Corporation (NYSE:TSO), PetroChina (NYSE:PTR) and Transocean (NYSE:RIG) closed down Tuesday as oil for June delivery fell below the $112.21 it settled at, as the American Petroleum Institute reported at 4:30 PM EDT that U.S. crude-oil stockpiles soared 4.91 million barrels to 361 million.

Oil for June delivery settled at $112.21 a barrel on the New York Mercantile Exchange. Oil has risen 33 percent in the past year.

Prices dropped from the settlement after the American Petroleum Institute reported at 4:30 p.m. that U.S. crude-oil stockpiles soared 4.91 million barrels to 361 million. June oil was down 49 cents, or 0.4 percent, to $111.79 a barrel in electronic trading at 4:32 PM EDT.

Brent crude for June settlement on the London-based ICE Futures Europe exchange jumped 48 cents, or 0.4 percent, to $124.14 a barrel.

The dollar fell for a sixth day against the euro, equaling the longest losing streak since May 2009. Expectations are the Federal Reserve will continue to keep measures in to allegedly support the U.S. economy.

Gasoline rose more than 53 cents a gallon from January to March as unrest in Libya threatened its oil fields and helped push oil from $91 to $107 a barrel. The national average for gasoline is closing in on $3.90 a gallon. Diesel is at about $4.14.

Oil averaged $94.64 a barrel between January and March, compared with $78.89 in the same period last year.

Natural gas prices remain low compared with three years ago. It's currently trading at $4.38 per 1,000 cubic feet. In April 2008, natural gas contracts garnered over twice that.

Tuesday, April 26, 2011

BP (BP) (LINE) (PTR) (APA) Close Mixed as Oil Prices Pull Back

Oil prices are expected keep climbing toward the highs of 2008 as growing demand isn't matched by additional supplies and the price jump has been slow to cut into consumption, as Linn Energy, LLC (NASDAQ:LINE), PetroChina (NYSE:PTR), Apache Corp (NYSE:APA) and BP (NYSE:BP) closed mixed Monday, April 25.

The front-month Brent crude-oil futures contract, the London benchmark, pulled back from a 2½-year high of $127 a barrel on April 11, amid concerns that soaring prices are hurting demand. It settled at $123.66 a barrel on Monday, up 5.4 percent so far in April. The front-month June contract on the New York Mercantile Exchange pulled back one cent to $112.28, still up 5.2 percent this month and 23 percent in 2011.

Benchmark crude for June delivery dropped a penny to settle at $112.28 a barrel on the New York Mercantile Exchange. In London, Brent crude fell 33 cents to settle at $123.66 a barrel on the ICE Futures exchange.

In other Nymex trading, heating oil was down 1.73 cents to settle at $3.1989 a gallon and gasoline futures increased a little less than a penny to settle at $3.2785 a gallon. Natural gas dropped 2.3 cents to $4.389 per 1,000 cubic feet.

Monday, April 25, 2011

PetroChina (PTR) (ROSE) (GEOI) (NOG) Close Up as Oil, Gas Continue to Rise

Rosetta Resources (Nasdaq:ROSE), GeoResources (Nasdaq:GEOI), Northern Oil and Gas (AMEX:NOG) and PetroChina (NYSE:PTR) closed up Thursday as oil and gas prices continue to move up.

Crude oil prices climbed above $112 a barrel on the New York Mercantile Exchange Friday while the U.S. dollar was up after three days of faltering.

The dollar index jumped 0.14 percent to 74.10, making up a little lost ground.

May delivery crude oil rose 80 cents in New York to $112.25 a barrel. Home heating oil fell 1.85 cents to $3.2174 a gallon. Reformulated blendstock gasoline was up 2.93 cents to $3.2777 a gallon.

Henry Hub natural gas prices gained 11.3 cents to $4.423 per million British thermal units.

According to the AAA, the national average price of unleaded gasoline rose to $3.848 a gallon Friday from Thursday's $3.84.

PetroChina closed Thursday at $151.99, gaining $0.48, or 0.32 percent. Northern Oil and Gas ended the day at $23.95, up $0.26, or 1.10 percent. GeoResources closed at $28.79, rising $0.64, or 2.27 percent. Rosetta Resources closed the session at $45.66, jumping $1.06, or 2.38 percent.

Thursday, April 21, 2011

PetroChina (PTR) (PETD) (UPL) (EPM) Close Up as Oil Prices Explode

Shares of PDC Energy (NASDAQ:PETD), Ultra Petroleum (NYSE:UPL), Evolution Petroleum (AMEX:EPM) and PetroChina (NYSE:PTR) all closed up on Wednesday as oil prices surged in response to news oil inventories unexpectedly dropped.

Oil prices exploded on Wednesday to roar above the $111 a barrel mark, as the U.S. Energy Information Administration announced oil inventories fell by 2.3 million barrels for the week ending April 15.

On the New York Mercantile Exchange, May delivery for West Texas Intermediate crude rose $3.17 or 2.93 percent to reach $111.45 a barrel.

The weakness of the U.S. dollar helped boost a number of commodities, including oil, as the U.S. dollar index dropped 0.91 on Wednesday.

Home heating oil prices increased 6.29 cents to $3.2214 a gallon. Reformulated blendstock gasoline prices rose 4.42 cents to $3.2773 a gallon.

Henry Hub natural gas prices jumped 4.8 cents to $4.31 per million British thermal units.

The national average price of unleaded gasoline climbed to $3.837 a gallon Wednesday, up from Tuesday's $3.835, according to AAA.

PetroChina closed Wednesday at $151.51, up $3.88, or 2.63 percent. Evolution Petroleum closed at $7.93, gaining $0.11, or 1.41 percent. Ultra Petroleum ended the trading session at $48.13, rising $0.95, or 2.01 percent. PDC Energy closed at $40.69, jumping $0.44, or 1.09 percent.

Monday, April 18, 2011

Devon (DVN (CAM) (PTR) (STR) Closed Mixed as Oil, Gas Continue to

Cameron International (NYSE:CAM), Devon Energy (NYSE:DVN), PetroChina (NYSE:PTR) and Questar Corporation (NYSE:STR) closed mixed on Friday even as oil prices continued 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.

Questar closed Friday at $17.13, gaining $0.19, or 1.12 percent. PetroChina closed at $152.17, jumping $0.81, or 0.54 percent. Devon Energy ended the session at $87.82, up $0.05, or 0.06 percent. Cameron International closed at $53.35, falling $0.02, or 0.04 percent.