Daily Market Update - May 14, 2024
Today in oil and natural gas markets: Crude back on defense while crack spreads converge, API posts surprise crude draw, NYMEX natural gas rally stalls, wind gen increase next up
In Today’s Energy Market Update:
Oil Complex: Back to the bottom of the recent range for WTI with backwardation fading further, plus the list of factors recently weighing on the crude complex
Natural Gas: An opportunity for natural gas consumers to consider, improving Mexican exports, and how the wind might blow the physical market tomorrow
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