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Nymex Overview: Traders Dump Crude Contracts as January Ends -- OPIS

Por: MarketWatch Business January 31, 2024

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Some observers believe the only news that could explain the move was a Financial Times story that suggested Iran-backed militias were suspending attacks on U.S. forces. Energy Information Administration data released Wednesday morning was somewhat neutral for crude. U.S. production rose by 700,000 b/d thanks to the restoration of output in the Permian Basin along with most output in the Bakken. Very low refinery runs may also take a toll and the... + full article



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