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Crude trades higher

Posted on: June 20, 2016

WTI finished the week off strong, settling $1.77 higher on Friday at $47.98. After testing lower all week and the 50-day moving average on the ropes, crude did its best Lebron impression and rebounded strong. Brexit is looking a little less likely which caused the USD to weaken. The vote is later this week, and until then expect a bumpy ride.

This morning the curve is higher, pushing towards $49 at the front as North America returns to work.


Most Recent Market Updates

November 20, 2017

Natural gas gains 4.4 cents

NYMEX natural gas climbed 4.4 cents higher on Friday.

November 20, 2017

Crude gained $1.41

Crude prompt futures gained $1.41 on Friday to close the day at $56.55.

November 17, 2017

Natural gas falls 2.7 cents

NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

Crude prices slide $0.19

Crude prompt futures traded in a 69 cent range.

November 17, 2017

USDCAD range bound as Canadian CPI uneventful

Domestically we saw the biggest release of the week a few minutes ago.

November 14, 2017

Natural gas loses 5 cents

Cold weather emerged over the long weekend in the US Midwest to East as anticipated.


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