Daily Market Update - April 11, 2024
Today in oil and natural gas markets: WTI down, diesel as the drag, A trifecta of events between the U.S., Venezuela, and Mexico, bearish EIA inventory data, and more contango expansion for NG
In Today’s Energy Market Update:
Oil Complex: OPEC steadiness forces the hand of U.S. diplomats in the Western Hemisphere, Atlantic basin economies see varied product inventory dynamics
Natural Gas: A 1.5 Bcf/d bearish inventory surprise sets the tone, South Central inventory throws a caution sign to a spring price recovery, and weather remains in top quartile mild territory
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