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Crude moves $0.59 higher

Posted on: September 15, 2017

WTI prompt futures gained 59 cents to eventually settle at $49.89, breaking through $50 in intra-day trading and above the bullish 200 day MA technical cross level. Although the Hurricanes slowed down refinery demand in the prior weeks there will also be a higher utilization of energy demand during the rebuilding stage caused by the excessive damages—so it's a glass half empty situation.

OPEC's expectations for larger European and U.S crude demand hasn't hurt the rally either.


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November 20, 2017

Natural gas gains 4.4 cents

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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NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

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