Daily Market Update - April 09, 2024
Today in oil and natural gas markets: WTI retreats, diesel leads the complex lower, API stats favor market bears, Weather and net exports favor NG market bears, bulls look to Texas for support
In Today’s Energy Market Update:
Oil Complex: Diesel…Crude complex Cinderella or sign of market fragility, API stats side with market bears, spec length as a downside risk
Natural Gas: Bearish weather continues, wind generation fails in TX, spot market gain ground, and a the NYMEX curve treads water before the first injection season inventory change is announced
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