Daily Market Update - April 18, 2024
Today in oil and natural gas markets: Crack spreads soften and diesel gives up the most ground, Iran/Israel game on.......again, A uneventful EIA inventory data, and a sharp recovering in LNG demand
In Today’s Energy Market Update:
Oil Complex: After hours rally on Iran news, quiet regular session for WTI, and RBOB holds nearly an $8 premium to WTI in the front
Natural Gas: LNG feedgas recovery, long dated portions of the curve hover near $4.00, and an inline EIA inventory report (which was neutral v. history on a weather adjusted basis
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