The benchmark crude WTI gained 0.98% in today’s session to settle at $80.46 per barrel. Factory order numbers were a key event to keep an eye on today, which fell -1.6% month-over-month compared to expectations of -1.8%.
On the other hand, Natural gas plunged 14.5% to close at $2.572 today, giving up the gains posted in the last week. Prices have now corrected over 40% year-to-date.
Meanwhile, the Energy Select Sector SPDR ETF (XLE) is up 3.89% over the past five sessions. Here is a list of energy stocks that can be influenced by the latest developments in the energy markets.
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