Commodity Price Summary - October 12, 2020
WTI oil prices slid downward slightly on Monday October 12, 2020 due to several factors, including:
- Operators resuming production following Hurricane Delta
- The force majeure at Libya's largest oilfield being lifted
- Resumption of production in Norway following a strike
However, natural gas prices continued to climb upward as winter temperatures spur an increase in demand.
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