Daily Market Update - February 6, 2024
Analysis of today's movements in oil and natural gas markets, Russian seaborne crude, API stats, a windy tomorrow in Texas, and a probe of $2.00/MMBtu support for natural gas
In Today’s Energy Market Update:
Oil Complex: Russian seaborne crude increase, a near null inventory change reported by the API
Natural Gas: Spot market weakness follows ERCOT wind, pricing down to threaten PRB coal fired generation, and the next round number support level for the market to watch for
Oil Complex
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