Investing.com investing.com 04 Jan, 2021 12:15 am

After Wild 2020, Here's A Variety Of Energy Commodity Considerations For 2021

After Wild 2020,  Here's A Variety Of Energy Commodity Considerations For 2021
Commodities Analysis by Andy Hecht covering: US Dollar Index Futures, Brent Oil Futures, Crude Oil WTI Futures, Natural Gas Futures. Read Andy Hecht's latest article on Investing.com

com Crude oil is moving into 2021 on a bullish note, while natural gas remains under pressure.Nearby NYMEX crude oil futures fell to the lowest price since trading began in the 1980s on Apr.Brent crude oil , the other benchmark futures contract that trades on the Intercontinental Exchange, is seaborne petroleum.Oil and gas prices recovered and were appreciably higher at the end of 2020, with nearby NYMEX and Brent crude oil futures at $48.

The 2020 high in the nearby NYMEX crude oil futures market came during the first week of the year.In March 2020, US crude oil output rose to a record level at 13.

Read full story at investing.com