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Crude gains 47 cents

Posted on: March 22, 2016

WTI for April expired on Monday, rolling off 47 cents higher at $39.91. Net long positions in oil jumped significantly last week as declines in capex and production are finally printing results, while short positions decreased to the lowest levels in 9 months.

After the settle today API numbers are released and participants are expecting draws in stockpiles.

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Most Recent Market Updates

November 20, 2017

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NYMEX natural gas climbed 4.4 cents higher on Friday.

November 20, 2017

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

November 17, 2017

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