On September 14th, the oil markets witnessed a notable pullback in prices following the release of the EIA (Energy Information Administration) report. This report revealed a significant increase in crude oil inventories, leading traders to take profits off the table after recent multi-month highs. In this dynamic market environment, we'll delve into the forecasts for Natural Gas, WTI Oil, and Brent Oil to gain insights into the factors driving these price movements.
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Introduction
14th SEP - Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Pull Back After EIA Report
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