Oil & Gas Prices - August 13
Posted: Thu Aug 13, 2020 8:29 am
Opening Prices:
> WTI is up 6c to $42.73/Bbl, and Brent is up 0c to $45.43/Bbl.
> Natural gas is up 0.9c to $2.161/MMBtu.
WTI was up 2.5% yesterday on 3rd week in a row of large draws from U.S. crude oil inventories.
Several closes over $42.50 would set that price as a support level.
IEA's Oil Market Report for August is out and traders will be checking each word.
> WTI is up 6c to $42.73/Bbl, and Brent is up 0c to $45.43/Bbl.
> Natural gas is up 0.9c to $2.161/MMBtu.
WTI was up 2.5% yesterday on 3rd week in a row of large draws from U.S. crude oil inventories.
Several closes over $42.50 would set that price as a support level.
IEA's Oil Market Report for August is out and traders will be checking each word.