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Crude falls $1.22

Posted on: May 10, 2016

WTI had a down day to start the week, with the front future falling over a dollar to settle at $43.44. Over the weekend the Saudi's shook up their government by replacing the oil minister with the chairman of Aramco Khalid al-Falih. The fires in Northern Alberta also moved away from most oil sands sites, suggesting that production may not be offline for as long as some originally thought.

This morning the curve is up slightly in early trading.


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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