The oil complex shrugged off largely bearish US Energy Information Administration data Wednesday as a rise in equities coupled with a technical bounce halted a four-day slide in June crude futures. NYMEX June crude rallied towards the ...
Tags: Oil Complex, Oil
NYMEX January RBOB futures settled sharply higher Friday, leading the gains in the oil complex, as a weak fundamental picture took a back seat to a technical move higher. January RBOB settled 6 cents higher at $2.6621/gal after having ...
Tags: Chemicals, NYMEX RBOB, Technical Bounce, Crude Firms