NYMEX crude steady above $105 a barrel
SYDNEY, March 10 (Reuters) - U.S. crude futures held above $105 a barrel after climbing to another all-time record of above $106 in the previous session.
* NYMEX crude for April delivery CLc1 rose 15 cents to $105.30 a barrel in Globex electronic trading by 2215 GMT.
It settled 32 cents lower at $105.15 on Friday, after jumping to a lifetime high of $106.54 a barrel, the highest level since the exchange launched crude oil futures in 1983.
* One of Mexico's three main crude oil ports remained closed to shipping for a third successive day as bad weather continued in the Gulf of Mexico, the government said on Sunday. Mexico is the world's No. 9 exporter of crude oil and is a top three supplier to the United States. [ID:nN09486576]
* Easing tensions between OPEC member Venezuela, a top oil exporter to the United States, and neighbour Colombia, kept oil price gains in check.
The presidents of Colombia, Ecuador and Venezuela ended a border dispute on Friday, after a week of regional diplomacy in the face of hostile rhetoric and troop buildups. [ID:nN07277818]
* Oil's surge to above $106 on Friday was helped by a weakening U.S. dollar, which fell after a government report showed a second straight month of contractions in U.S. payrolls. But a rebound in the dollar helped to ease oil off earlier highs.
* Crude speculators on the New York Mercantile Exchange hiked net long positions last week, according to data from the Commodity Futures Trading Commission released Friday.
Net crude long positions rose to 99,539 in the week to March 4, up from 91,625 in the week March 4.
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Oil prices as of 2215 GMT Contract Mnth Price Change Day ago pct MA-20* NYMEX Contracts US Crude APR8 $105.30 +0.15 -$0.32 -0.30% $99.07 Heat Oil APR8 295.38 +0.68 -2.63 -0.88% 276.24 RBOB APR8 269.78 +0.35 +4.11 +1.55% 252.47 Natgas APR8 $9.847 +0.078 +$0.027 +0.28% $9.057 ICE Contracts Brent APR8 -- +0.00 -$0.23 -0.22% $97.78 Gasoil MAR8 -- +0.00 +$7.50 +0.78% $894.44 Note: U.S. heating oil and RBOB gasoline contracts listed in cents per gallon. * = 20-day moving average for continuation month.
(Reporting by Fayen Wong)
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