Navigate Up
Sign In

Crude drifts lower despite Fed comments

Posted on: March 30, 2016

WTI struggled on Tuesday, with the May future giving back over a dollar to settle at $38.28. The selling started early, as all seems to have grown quiet on the OPEC/Production Freeze front and many participants are suggesting we could be on our way back down to $30. There was a brief respite when Yellen hit the tapes, suggesting a more moderate timetable for rate increases in the US.

This morning the curve has rebounded in early trading, regaining a $39 handle at the time of writing.


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.


Talk to a specialist

GlassdooreSSENTIAL Accessibility™Diversity and InclusionATB Listens

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Vendor Resources

2017 ATB Financial. All rights reserved. ®ATB Financial is a trade name/registered trademark of Alberta Treasury Branches.

ATB Financial