Energy Prices Summary – Tuesday, July 21, 2020
Crude Oil (CLQ20): 41.96 (+1.15)
Natural Gas (NGQ20): 1.675 (+034)
Gasoline (RRQ20): 1.2797 (+.0512)
NY ULSD (HOQ20): 1.280 (+.0445)
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Oil prices ripped higher by $1.15 or 2.8% to settle at $41.96. This was a strong day to settle above previous highs around $41.63 mostly driven by the EU stimulus package.
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Crude Oil Settlements
Aug 20 (CLQ20) 41.96 (+1.15)
Sept 20 (CLF20) 41.92 (+1.00)
Dec 20 (CLZ20) 42.26 (+.87)
Dec 21 (CLZ21) 43.37 (+.44)
Crude Oil Price Spreads
CLQ20 / CLU20: +.04
CLU20 / CLZ20: -.36
CLZ20 / CLZ21: -1.11
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