Crude oil futures price found support this morning at $89.00 after a sharp downturn - currently (Noon CT) trading at $89.59. As of 9/25/2012 crude futures stood at $91.37/bbl down $3.92 from the previous week up $11.13 from a year ago.
Crude oil inventories as of 9/21/2012 stand at 365.2 mmbbl, down 2.4 mmbbl from the previous week up 24.2 mmbbl from year earlier
Natural gas futures price saw a hard bounce this morning dropping to $3.09 before twice testing upside resistance at $3.24 - currently (Noon CT) at $3.17. EIA data shows the 9/25/2012 price at $2.924/mmBtu, up $0.151 from week earlier down $0.858 from year earlier.
Retail gasoline price as of 9/24/2012: $3.826/gal down $0.052 from week earlier up $0.317 from year earlier. This week marks two straight weeks of declining gasoline prices at the pump.
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Market Snapshot, Noon CT (VIP), Advice -- September 26, 2012