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US natural gas futures and crude oil benchmarks ended slightly lower on October 8. The November gas contract settled at about $2.29/MMBtu after a 12-session losing streak, and November WTI fell 12 cents to $52.57/bbl.
Investors are watching the US-China trade talks for signs of resolution.
Weak gas prices and concern that the trade dispute could cut world oil demand both pressure energy costs that feed into fuel and transport expenses.
ogj.comPaula DittrickOct 9, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
