Shares of energy companies rose sharply as commodity prices broke recent losing streaks.
Oil futures recouped some of their recent losses, rising for the first time in seven sessions, as fears about Federal Reserve policy faded.
"Recession risks won't feel real until closer to the summer, so the oil market should be relatively tight until then," said Edward Moya, senior market analyst at foreign-exchange brokerage Oanda Group, in a note to clients.
Natural gas futures rallied, bringing two-session gains to almost 12% despite a report of a smaller-than-anticipated drawdown on stockpiles.
Write to Rob Curran at rob.curran@dowjones.com
"oil" - Google News
February 24, 2023 at 05:10AM
https://ift.tt/UzIML3c
Energy Up Alongside Oil, Natural Gas -- Energy Roundup - MarketWatch
"oil" - Google News
https://ift.tt/fzZyUWx
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Energy Up Alongside Oil, Natural Gas -- Energy Roundup - MarketWatch"
Post a Comment