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March 16, 2023NYMEX Gas nudges down 3.9% and stands on top of this list of commodities gainers.
Markets are mixed with Live Cattle drawing back 0.94% to $161.53. Crude Oil goes up 1.21%, trading at $68.43.
Brent crude oil increases to $74.61 after a 7 day downtrend
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at $73.69, Brent Crude Oil is up to $74.61 per barrel, which makes for a move of 1.25%/92 cents today.
+3.9%: bullish Natural Gas runs out of steam at $2.54; currently at $2.53 per MMBtu
After closing the previous trading day at $2.44, US Natural Gas is up to $2.53 per MMBtu, which makes for a move of 3.9%/9.5 cents today.
The Palladium future gains positive traction for a 5th successive day
Today's session so far looks to be heading in the same direction — after closing the previous trading day at $1,444.8, Palladium is up to $1,467.5 per troy ounce, which makes for a move of 1.57%/$22.7 today.
