Tuesday , 21 January 2025
Home Forex Crude Oil backs away from fresh highs on EIA natural gas buildup
Forex

Crude Oil backs away from fresh highs on EIA natural gas buildup

West Texas Intermediate (WTI) US Crude Oil hit a fresh high for the week early Friday before slumping back into negative territory for the day after the Energy Information Administration (EIA) noted that US Crude Oil production remains near all-time peaks and a larger-than-expected buildup in Natural Gas reserves.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USD/JPY bounce from five week low on Trump tariff remark

Sheesh, I posted a 'precarious' horizontal support line .... link here ICYMI:And,...

CAD getting smashed on Trump tariff comments

Just out:Trump says thinking in terms of 25% tariffs on Mexico and...

Trump says thinking in terms of 25% tariffs on Mexico and Canada

Trump giving a bid to the USD after its huge slump since...

Trump rescinds Biden’s EV mandate – eyes on TSLA

On Monday, Trump rescinded a 2021 executive order issued by President Joe...