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Wednesday , October 21 2020
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Natural Gas Analysis

natural gas

Natural gas prices closed higher on Tuesday but were initially lower, and unable to remove short-term resistance. According to the National Marine Atmospheric Administration, the weather is expected to be warmer than normal in the next 8-14 days. There is no tropical cyclone activity in the Atlantic or Gulf of …

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Crude Oil Price Targeting 2100

Crude Oil Price Targeting 2100

US West Texas Intermediate (WTI) crude oil futures traded flat in the mid-session after an earlier loss in prices. The market was under pressure from as traders reacted to rising tensions between the United States and China that could put additional pressure on an already strained global economy. At 15:21 …

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Natural gas prices moved higher on Wednesday

oil

Natural gas prices rose on Wednesday ahead of Thursday’s inventory report. According to survey provider Estimate, a decline of 125 Bcf for natural gas reserves is expected. Inventory declined by 143 bcf as against 158 ​​bcf. According to the latest forecast by the National Oceanic Atmospheric Administration, the weather is …

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Crude Oil: Crude Oil Price Consolidating

Crude Oil

Fundamental U.S. West Texas Intermediate crude oil futures are trading higher shortly before the regular session opening. Short-term oversold conditions as well as signs of tightening supply are helping to underpin the market. Optimism over increased future demand because of a potential deal between the United States and China is …

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