Oil And Gas Prices Rise Further

Oil and gas rates gained on yesterday, recovering from the losses found earlier in the week. The gains were accompanied by a healthy stock market as capitalist reaction and prospect on the economic system bettered.

The oil markets have descended in the recent past regardless of the hurricanes threat.

For October month delivery, light, sweet crude oil rates ascended 57 cents to $69.83 per barrel on the New York Mercantile Exchange (NYMEX).

On the other hand, the gasoline rates for next month delivery arose 3.42 cents to $1.9232 a gallon.

Natural gas futures also climbed up 4.4 cents to $5.622 per 1,000 cubic feet.

Heating oil climbed for September rose 1.27 cents to settle at USD 1.9610 per gallon.

October Brent crude rose USD 1.16, to settle at USD 69.86 a barrel on the ICE Futures exchange.

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