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Crude gains 27 cents

Posted on: November 21, 2016

WTI gained 27 cents at the front of the curve on Friday, settling at $45.69. OPEC members and Russia continue to talk the talk, sparking optimism for meaningful production cuts. Rig counts in the US increased to the most since February, as producers want to be in the ground if OPEC manages to agree on a freeze next week.

Volume should be relatively light this week given US Thanksgiving and the OPEC meeting next week.


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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