Oil prices rise, natural gas declines
Istanbul, August 31 (Hibya) - Oil prices rose in energy markets on the final trading day of the week, while natural gas prices declined. The RBOB gasoline contract remained flat, while low-sulfur diesel futures posted gains.
Oil prices rose in energy markets on the final trading day of the week, while natural gas prices declined. The RBOB gasoline contract remained flat, while low-sulfur diesel futures posted gains.
West Texas Intermediate (WTI) crude oil rose 2.15 percent to $85.19 per barrel. WTI ended the day with a gain of $1.79.
Brent crude rose 2.47 percent to $90.28 per barrel. Brent's daily gain was $2.18.
U.S. natural gas futures, meanwhile, declined. Natural gas fell 0.52 percent to $2.873.
In the gasoline market, the RBOB gasoline contract remained flat at $3.4899.
The low-sulfur diesel contract, tracked as ULSD HO, rose 1.53 percent to $4.4234. The contract's daily gain was $0.0667.
As a result, oil prices continued to rise in energy markets, while natural gas declined and the diesel contract also posted a positive performance.
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