U.S. oil prices were ahead by more than 2.2% at 11:45 a.m. ET, with the NYMEX April West Texas Intermediate crude contract climbing $1.47 to 67.72/bbl and May prices moving $1.44 higher to $67.37/bbl.
Petroleum futures saw some uplift Tuesday as crude oil and April RBOB looked to bounce off the multi-month lows seen on Monday.
U.S. natural gas futures pulled back from more than two-year highs earlier in the week as participants start taking into account the loss of demand on warmer March weather forecasts.
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Petroleum futures started Monday slightly higher, but with midday approaching prices slipped lower and have been slow to move with headlines that are keeping markets at bay. Volume is also under ...
U.S. natural gas futures ceded some ground after reaching a more than two-year high despite weather forecasts pointing to less demand than previously foreseen for the end of the storage withdrawal ...
MarketsStocks fall, yen gains on Trump trade war, China deflationary woes Wall Street futures sank and the safe-haven yen and Swiss franc strengthened early on Monday as building deflationary ...
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U.S. natural gas futures jumped about 8% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for higher demand over the next two weeks than previously expected.
U.S. natural gas futures settled higher as the market looked beyond bearish near-term fundamentals including milder March weather, higher production and lower heating and LNG demand.