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Crude falls again

Posted on: August 03, 2016

WTI managed to overcome early optimism to end the day in the red again, settling below $40 at $39.51. North American participants walked into the office with WTI up about 70 cents, just in time to watch it fade into the settle.

APIs showed a draw of 1.34MM in crude stocks while distillates increased and gasoline decreased, we will see if the EIA confirms later this morning.


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

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Crude prompt futures traded in a 69 cent range.

November 17, 2017

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

November 14, 2017

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


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