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Market Insights

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The negative economic data from China has caused oil prices to fall.

The negative economic data from China has caused oil prices to fall.

Oil prices dipped on Monday as worries of a worldwide recession were fueled by widespread Chinese lockdowns and disappointing Chinese economic statistics, yet the market found some support as the European Union moved closer to an import embargo on Russian petroleum....

Oil prices are falling as a result of the Shanghai shutdown, which is exacerbating fears of reduced demand.

Oil prices are falling as a result of the Shanghai shutdown, which is exacerbating fears of reduced demand.

TOKYO, Japan (Reuters) – Oil prices fell more than $5 on Monday as concerns about reduced fuel demand in China rose after Shanghai's financial center implemented a two-stage shutdown to manage a COVID-19 outbreak. On one hand, the market was buffeted by the conflict between Uk...

Natural gas supplies in the United States fell less than projected, but the price rise continues

Natural gas supplies in the United States fell less than projected, but the price rise continues

Despite the fact that natural gas storage in the United States fell less than predicted in what may be the last draw of the heating season, Henry Hub futures are continuing to build on recent gains as the summer and winter strips soar higher beyond $5/MMBtu....

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