More stimulus news inches major indices green as Pelosi said Thursday a deal on new coronavirus aid was “just about there.” She also said: “If we were not making progress, I wouldn’t spend five seconds in these conversations. … This is not anything other than I think a serious attempt. I do believe that both sides want to reach an agreement.”

  • S&P 500: +0.56%
  • Nasdaq: -0.02%
  • Dow Jones: +0.65%

The Labor Department said weekly jobless claims fell to 787,000 for the week marking the first time since March that claims come in below 800,000. Economists polled expected first-time applicants for state unemployment insurance to have totaled 875,000.

Oil and Gas News Today

Crude oil prices regain overnight losses as markets take in the bullish US jobs numbers. Crude oil prices currently trading around $40.61. Natural gas prices fall amid 49 bcf increase in natural gas, but losses are tamed by a Midwest cold front and increasing LG demand, according to an NGI report . Natural gas prices currently trading around $2.995

Gasoline cracks continued to weaken despite an upward trending energy complex. The front-month ICE New York Harbor RBOB crack against Brent fell to about $5.50/b in early US trading, on pace for the weakest close since Sept. 4.

North American Shale News

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