Energy
Oil Trades Near $126 After Rising on Dollar Weakness, Conflict in Beirut Crude oil traded near $126 a barrel
in New York after setting records last week as a weaker dollar
prompted investors to buy commodities and fighting in Beirut
added to concerns that Middle East supplies may be disrupted.
Natural Gas Futures Rise in New York, Pulled Higher by Gains for Crude Oil Natural gas advanced as crude oil
surged to a record and the euro climbed against the U.S. dollar.
Coal in U.S. East Climbs to Record for a Fifth Week Amid Increased Demand Coal in Eastern U.S. spot markets
climbed to a record for a fifth consecutive week as European
power producers sought additional supplies and domestic utilities
began replenishing inventories.
North Sea Forties June Loading Program Contains 600,000 Barrels of Crude BP Plc is scheduled to pump 18 million
barrels of North Sea Forties crude oil next month, less than the
volume initially planned for this month.
Oil May Fall Next Week on Expectations of U.S. Supply Gain, Survey Shows Crude oil may fall next week on
forecasts that U.S. inventories will increase as refiners prepare
for summer gasoline demand and on the return of Nigerian output.