Around The Barrel – Crude Oil and Gasoline Outlook as Market Weighs up SPR Sales

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  • #45761
    TradersCom
    Keymaster

    WTI crude oil futures dribble higher with risk asset strength and constant #OPEC+ chatter

    NOV 2022 86.16 +0.55 (+0.64%)
    DEC 2022 85.23 +0.58 (+0.69%)

    #45855
    TradersCom
    Keymaster

    Nov WTI crude oil futures are settling at $82.82
    Down -$2.64 or 3.09% on the day lowest level since Sept. 30 on talk of another U.S. SPR release
    Dec Brent crude fell by $1.59, or 1.7%, to $90.03 on ICE the lowest since Oct. 3.

    #45731
    TradersCom
    Keymaster

    WTI crude oil futures closed Friday up 54c, or 0.6%, to settle at $85.05/bbl while natural gas futures fell 7.8% to $4.95/mmbtu. It gives you a clue o
    [See the full post at: Around The Barrel – Crude Oil and Gasoline Outlook as Market Weighs up SPR Sales]

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