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Crude gains $1.35

Posted on: March 07, 2016

WTI continued to churn higher on Friday, with the front month gaining $1.35 to settle at $35.92. US job growth was strong, rig counts continued to fall and upcoming meetings between Russia and OPEC around production cuts meant Friday was a great day for the bulls. We will see if this rally is here to stay or more of a short term uptick similar to last spring.

This morning we are trading a $36 handle as North America returns to work.

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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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