Tuesday, 17 March 2015

Crude Oil and Energy News for Today

Crude oil at WTI and Brent extended losses with both the benchmarks for April and May expiry fell 2.15% and 2% respectively to $43.85 and $53.95 per barrel respectively.

Natural gas NYMEX contract for active April expiry extended its bearish bias on Monday though trading momentum was missing as markets awaited fresh developments over weather which could lead to demand expectations for the commodity in near-term.

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