What Caused Natural Gas & Crude Oil To RECOVER Today?

 

What Caused Natural Gas & Crude Oil To RECOVER Today?



The overall market recovered quite a bit today, here is what caused both natural gas and crude oil to recover! 1.๐Ÿ“š Free Techbud Solutions Group: http://bit.ly/techbudsfbgroup 2. ๐Ÿ“ˆWatch Me Trade LIVE Everyday: https://learnplanprofit.net The links would not work for everyone since you need a WSJ membership, so here is what was stated: Crude Oil News: 14:54 ET – "Oil prices end 2.4% higher at a four-session high of $56.21 /bbl as US stock prices on Wall Street continue to recover from steep declines last week, which is boosting risk appetite across asset classes. "Crude prices this week are dependent on external factors, led specifically by stock markets and bond markets," said Peter Cardillo , chief market economist at Spartan Capital in NY. "To the extent that it appears we're not immediately headed for a recession, oil prices suddenly look cheap." Analysts said reports of an attack on a Saudi oil field by Yemen's Houthi rebels was also lifting crude prices due to the supply risks it presented." (dan.molinski@wsj.com) – Wall Street Journal Natural Gas News: 14:56 ET – "Natural gas prices end the session 0.5% higher at $2.2100 /mmBtu as investors focus on near-term temperatures that remain hot in many regions, which should keep demand high for at least another week. Although markets had been focusing on forecasts for a cool-down into late-August and early September, NatGasWeather.com on Monday lifted its immediate seven-day national gas demand outlook to high from moderate, noting "strong high pressure will dominate the western and southern U.S. with highs of 90s to 100s, hottest from California to Texas , for strong demand." Despite modest price gains recently, the benchmark remains about 25% lower for the year due to stubbornly-high production that continues to swamp demand." (dan.molinski@wsj.com)- Wall Street Journal 3. ๐Ÿš—Let’s jump on a call: http://www.flippingwheels.net/call 4. ๐Ÿฅ‡Beginner Boot Camp: https://bit.ly/2HuojTJ โ— LOOK LIKE A DAY TRADER! 5.๐Ÿ‘• Techbuds Apparel: https://techbudsapparel.com/ โ— FOLLOW ME ON INSTAGRAM! ๐Ÿ“ธ Ricky's Insta: https://www.instagram.com/rickygutierrezz/ ๐Ÿ“ธ Techbuds Insta: https://www.instagram.com/techbudsolutions/ For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 220,000! Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me. If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know. DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.

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