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2009-07-03

At Exploreco International, LLC. is committed to providing our customers the highest quality tubular products available while offering service that is second to none. We stock both seamless and welded pipe from domestic and foreign mills that are recognized for their quality products.
Today's Headline
Crude Connection: Do Oil Prices Affect Floating Rig Contracts?
Friday, April 17, 2009 - The price of oil is starting to slowly recover from its recent downhill slide. Many analysts believe that the bottom of the valley has been reached, and that the industry will recover to a more appropriate price per barrel over 2009 and onward.
Petroleum ($/bbl)PriceChange
Nymex Crude Future65.63-1.10
Dated Brent Spot64.86-0.67
WTI Cushing Spot66.73-2.58
Petroleum (¢/gal)PriceChange
Nymex Heating Oil Future166.89-3.27
Nymex RBOB Gasoline Future175.37-3.71
Natural Gas ($/MMBtu)PriceChange
Nymex Henry Hub Future3.60-0.02
Henry Hub Spot3.50-0.13
New York City Gate Spot3.66-0.19