Daily Market Update - June 06, 2024
Today in oil and natural gas markets: Crude posts a stronger day-over-day rebound with a hint of speculator action. Natural gas markets keenly look to weather for summer demand indications.
In Today’s Energy Market Update:
Oil Complex: Products lead the crude complex to an even stronger D/D gain. A closer look at spec positioning and price action at the front of the curve tells a story.
Natural Gas: Mother Nature and a holiday give bulls a reason to look past today’s above-expectations inventory build.
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