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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (40239)	9/17/2003 11:45:20 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69972

Energy futures close lower on supply climb by Myra P. Saefong SAN FRANCISCO (CBS.MW) -- A hefty gain in last week's U.S. crude supplies pulled October crude down by 53 cents to close at $27.03 per barrel, its lowest closing level since late May. October unleaded gasoline also dropped to its lowest closing level in nearly three months, down 3.98 cents at 79.48 cents a gallon. October heating oil marked its lowest close since early May, down 2.33 cents at 71.15 cents a gallon. Natural gas ended lower as well, with the October contract down 1.9 cents at $4.642 per million British thermal units. Petroleum futures fall more than 2% by Myra P. Saefong SAN FRANCISCO (CBS.MW) -- Petroleum futures prices are down more than 2 percent in the last half-hour of trading on the New York Mercantile Exchange, after two key reports reflected a sizable climb in last week's U.S. crude inventories. October crude is down 61 cents at $26.95 a barrel after touching a four-month low at $26.80 earlier in the session. October unleaded gasoline is down 3.46 cents at 80 cents a gallon, its lowest level since June, and October heating oil is at 71.35 cents a gallon, down 2.13 cents. October natural gas is down 5.1 cents at $4.61 per million British thermal units.