Daily Market Update - March 19, 2024
Today's movements in oil and natural gas markets: Crude climbs ahead of the DOE report while products backpedal and gasoline takes the top billing for product values. NYMEX natural gas inches higher
In Today’s Energy Market Update:
Oil Complex: API stats lean modestly bearish while new Nigerian refinery set to receive a cargo
Natural Gas: NYMEX still on defense while basis markets reflect regional inventory surplus disparity. Production remains weak with another sub $2.00 expiry potentially just over one week away
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