Daily Market Update - March 27, 2024
Today's movements in oil and natural gas markets: DOE stats are bearish but crude and products hardly budge, weather was milder and another surplus expansion is on deck tomorrow for the natty market
In Today’s Energy Market Update:
Oil Complex: Crude inventory increases despite a steady flow of ‘tight market’ commentary, all while refinery runs have recovered to positive Y/Y territory
Natural Gas: Further into the abyss we go. The natural gas consumer is given a gift from mother nature, while Father Time weighs on the beleaguered producing community.
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