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Natural Gas: chart Natural gas pulls back as traders take some profits off the table near multi-month highs. The technical picture remains bullish, but natural gas needs to settle above the $3.09 level to continue the move. WTI Oil: chart WTI oil rallies as traders react to the Goldman Sachs report, which predicted strong demand in summer. A move above ...
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Singapore-based oil and commodities trading powerhouse Trafigura Group has posted the smallest profit since the 2020 oil crisis as volatility in energy markets hit new lows. Trafigura’s net profit dropped to $1.47 billion in the six months through March, good for a 73% decline from a record $5.5 billion posted a year earlier. The company’s revenue fell 5.4% ...