Oil and Gasoline Outlook In a Mad, Mad World

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  • 21 Feb '23 at 4:59 pm #53722
    TradersCom
    Keymaster

    Oil prices have been volatile for quite a while now. WTI futures fell -4.24% on the week, Brent fell -3.95%, gasoline fell -3.98% and heating oil fell
    [See the full post at: Oil and Gasoline Outlook In a Mad, Mad World]

    22 Feb '23 at 9:12 am #53734
    TradersCom
    Keymaster

    Russia intending cut crude exports from its western ports by 1/4 in March/April
    – Follows Russia cutting oil production by 500Kbpd in March after new sanctions.

    22 Feb '23 at 9:14 am #53738
    TradersCom
    Keymaster

    Crude complex lower ahead of FOMC Minutes
    Note: API today, EIA tomorrow.
    WTI Crude #Oil Futures 76.21-0.15-0.20%
    Brent Crude Futures 82.63-0.14-0.17%
    Unleaded Gasoline Futures2.62630.0030

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