FCG

Oil rises for the week but Citi sees bearish view of crude market fundamentals

Crude oil prices rise for the week but Citi sees bearish view of crude market fundamentals. U.S. Natural gas fell for the third straight week. The energy sector finished the week up 0.1%. A large draw of crude inventories was supportive of crude oil prices.

U.S. drilling rigs resume downturn in latest Baker Hughes data

Energy U.S. Drilling rigs resume downturn in latest Baker Hughes data. Total active rigs drilling for oil and gas in the US fell by 6 to 613 this week. The count's fifth decline in the past six weeks. Drilling rigs targeting crude oil in the U.s. Fell by 5 this week to 506.

Oil prices turn positive as traders continue to weigh demand prospects

Both U.S. And Brent crude oil futures finish at highest levels in more than a week. Oil prices bounced off early losses to finish higher Thursday. U.s. Natural gas extended Wednesday's sharp drop as EIA report showed larger than expected build in gas storage.

U.S. natural gas inventory net change of +92 Bcf for week ended April 19 - EIA

U.S. Natural gas inventory net change of +92 Bcf for week ended April 19 - EIA. Stocks were 439 Bcf higher than last year at this time and 655 Bcf above the five-year average. Total working gas stocks for the week of April 19, 2024, were 2,425 Bcf.

U.S. natural gas futures plunge nearly 9% on oversupplied market

U.S. Natural gas futures plunge nearly 9% on oversupplied market. Front-month Nymex natural gas for May delivery closed -8.7% to lowest settlement value since March 26. First tanker in 12 days reportedly set sail from Freeport LNG's Texas export terminal.

Natural Gas and Oil Forecast: Ascending Trendline Support Oil; Buy Now?

Weekly Report: what happened at FCG last week (0415-0419)?

Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease

Commodities Energy Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease. Crude oil prices fell more than 2% on Monday as Middle East tensions eased. Brent futures fell 0.58% to $86.58 a barrel. Gold prices retreated as well, registering a third consecutive weekly loss.