NYMEX Energy Closing Prices
* Aug crude oil fell $1.12 to $102.24/barrel
* Crude oil trended lower in negative territory today as inventory data put pressure on prices and reports indicated that the El Sharara oil field in Libya was restarted. Although crude oil inventories for the week ending July 4 fell by 2.37 mln barrels when consensus called for a draw of 1.7-2.2 mln, gasoline inventories had a build of 0.579 mln barrels (a draw of 0.2-0.4 mln barrels was anticipated). The energy component pulled back from its session high of $102.91 set at pit trade open and traded as low as $102.00. Unable to find buying support, it settled with a 1.1% loss.
* Aug natural gas fell 3 cents to $4.17/MMBtu
* Natural gas rose to a session high of $4.23 but gave up the gain and slipped back into negative territory in afternoon action. It settled just above its session low of $4.16, booking a loss of 0.7%.
* Aug heating oil settled unchanged at $2.87/gallon
* Aug RBOB fell 3 cents to $2.94/gallon