WTI Crude Oil futures showed signs of stability during Friday's session, holding the lower end of their recent 2-week range. Despite giving up the 63 handle in afternoon trade, prices remained above the 62 level as the recent oversupply narrative appeared to be factored into the market. Positive CPI data provided some early support for price action, though gains faded alongside a late-session pullback in equities. In the Natural Gas futures market, volatility decreased significantly following previous supply disruptions caused by cold weather. Natural Gas futures traded in a tight weekly range between 3.06 and 3.32, eventually settling near the midpoint at 3.21. While WTI Crude Oil futures remain at the lower end of the February range, they continue to hold levels established over the past 4 months.
https://www.cmegroup.com/markets/energy.html
#Energy #CrudeOil #NaturalGas
https://www.cmegroup.com/markets/energy.html
#Energy #CrudeOil #NaturalGas