-
Working natural gas in storage across the United States amounted to 2,974 billion cubic feet (Bcf) in the week ending June 7, according to a report released by the Energy Information Administration (EIA) on Thursday. The total storage thus increased by 74 Bcf compared to the previous week. In comparison to the same period a year earlier, gas stocks rose by ...
-
WTI crude oil returned above the medium-term ascending trend line, hitting the strong 200-day simple moving average (SMA) at 79.36 after bouncing off the four-month low of 72.46. The technical oscillators are indicating a negative retracement in the short-term view. The RSI is sloping slightly down near the 50 level, while the stochastic oscillator posted a ...