Daily Market Update - May 23, 2024
Today in oil and natural gas markets: WTI breaks below the MTD floor, FOMC meeting minutes and equity market headwinds, Natural gas collapses despite a supportive EIA inventory report
In Today’s Energy Market Update:
Oil Complex: A down day for the complex is led by equities as more market length seems to be pared ahead of a holiday weekend
Natural Gas: Yesterday’s rally is largely neutralized with weather model disagreement and Appalachian production standing as obstacles turning the market back
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