Gotta be good news for COP: Oil up 2.33% and NG up 6.46%.
Crude oil WTI is at $102.75, Crude oil Brent is at $110.38, and NG is at $6.06.
The runup is continuing this morning: NG is up 7.3% and oil is up .57%!
Nat gas over $6 per MCF. All of big oil will get a nice boost to earnings. This is what we need to counter falling oil production.