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Crude falls $1.23

Posted on: August 15, 2017

Crude prompt futures fell by $1.23 on Monday to settle at $47.59. Brent closed the day at $50.73, losing $1.37. Bloomberg has reported that US shale production is on the rise with an expected output of 6.15 million barrels a day for September, effectively curtailing much of the effort Saudi Arabia and other OPEC producers are having in their attempt to stabilize oil stockpiles.

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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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