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Natural gas continues to climb, testing one correction level after another. Price has moved above the 38.2% and 50% Fibonacci retracements and might now be eyeing the 61.8% level next. This is right around the $2.700 major psychological mark and above the falling trend line connecting the highs since November last year. This is also above both moving ...
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The pace at which crude oil flowed into China's stockpiles increased in April as slower refinery processing outweighed a decline in imports. A total of 830,000 barrels per day (bpd) was added to China's commercial or strategic stockpiles in April, up from 790,000 bpd in March, according to calculations based on official data. Over the first four months of ...