Futures Movers: Oil ends at a more than a 2-week high as natural-gas futures mark lowest finish in over 2 years

by | Mar 28, 2023 | Stock Market

Oil futures ended Tuesday at their highest in more than two weeks, with analysts attributing the rise to strength in Chinese energy demand, easing concerns surrounding the banking crisis, and news of a short-term oil-supply disruption. Natural-gas prices, meanwhile, marked their lowest settlement since September 2020, with prices pressured as forecasts for more moderate temperatures in parts of the U.S. dulled demand expectations.Price actionMarket drivers Crude…

Article Attribution | Read More at Article Source

Share This