-
U.S. crude oil refinery inputs averaged 16.5 million barrels per day during the week ending May 17, 2024, which was 227 thousand barrels per day more than the previous week’s average. Refineries operated at 91.7% of their operable capacity last week. Gasoline production increased last week, averaging 10.0 million barrels per day. Distillate fuel production ...
-
Natural gas continues to trend higher on its short-term time frame, triggering fresh highs and an updated set of Fibonacci retracement levels. Price is in the middle of testing the 38.2% Fib at the moment. If support at $2.554 holds, natural gas could resume the climb to the swing high at $2.722 or higher. A larger pullback could reach the 50% level at ...