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Natural Gas Is Rallying, Oil Demand Increases, Gold Hits High
Schwab Network
English - January 24, 2023 21:00 - 9 minutes - 77.6 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Silver Futures Drop, Dollar Is Little Changed Amid Stock Rally
Natural gas (/NG) is rallying off of their recent 52-week lows. Carly Garner discusses catalysts for the move in natural gas. She talks about how the EIA notes that U.S. oil output due to rise 77,300 BPD to a record 9.38M in February. She also talks about how according to the IEA, global oil demand set to hit all-time high in 2023 as China reopens. She then goes over the outlook for crude (/CL) as China reopens, as well as how gold futures (/GC) hit new 9-month highs overnight. Tune in to find out more about futures and the stock market today.