Daily Market Update - March 21, 2024
Today's movements in oil and natural gas markets: Crude treads water, diesel dips further, technicals and the USD stand as risks for WTI, and a storage build during withdrawal season is shrugged off
In Today’s Energy Market Update:
Oil Complex: Where WTI ends the week carries significance for a market which recently tested new highs, and with spec shorts having recently gotten out of the way while possibly looking to rebuild positions
Natural Gas: Can the market get off the mat? Only if triple digit builds are off the table next quarter
Keep reading with a 7-day free trial
Subscribe to Mobius Risk Group to keep reading this post and get 7 days of free access to the full post archives.