The benchmark crude WTI gained 2.6% to settle at $73.16 per barrel in today’s trading session. Prices are inching up in sync with broader indices as traders await a series of key macro data this week.
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Meanwhile, natural gas jumped 4.7% higher to close at $2.238 per MMBtu. After today’s rally, prices are up nearly 12% over the past month.
In addition, the United States Oil Fund ETF (USO) has nosedived 7.2% over the past three months as major energy names remain under pressure. Here is a list of energy stocks that can be influenced by the latest developments in the energy markets.
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