Crude oil declined more than $2 a barrel and natural gas plunged the most this year on forecasts showing Ernesto won't interrupt production.
Natural Gas for September delivery dropped 65.7 cents, or 9.2 percent, to $6.50 per million British thermal units on the New York Mercantile Exchange. The decline was the biggest one-day drop for a most-active contract since Dec. 27, 2005. Gas rallied 6.3 percent last week in part on concern that Ernesto would disrupt production of natural gas and crude oil.
Blue Dolphin Energy Co. (BDCO) 5.18
0.34 (6.16%)CanArgo Energy Corp. (CNR) 1.37
0.13 (10.48%)EnCana Corp. (ECA) 55.06
0.09 (0.16%)Valero Energy Corp. (VLO) 60.39
2.01 (3.22%)NGAS Resources Inc. (NGAS) 9.12
0.55 (5.69%)Chesapeake Energy Corp. (CHK) 31.74
0.58 (1.79%)
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