Markets

Energy Update: Crude Extends Slide, Natural Gas Steadies After Thursday Sell-Off

Crude oil is lower this morning, trading down nearly $1 a barrel as a weak tone continues to steer floor attitudes. Prices spent most of Thursday's session waffling on both sides of unchanged, although some traders reportedly pointed to comments from the IEA raising longer-term demand forecasts as a factor helping create a level of support for the market.

Natural gas futures are up slightly following yesterday's sell-off to their lowest level since May 27th.

At 9 a.m.

JUL Crude ( NY ) $93.91 -1.04

JUL Brent Crude (ICE) $113.59 -0.43

JUL Natural Gas ( NY ) 4/423 +0.011

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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