9:57 am Energy Futures Higher, Gold And Silver Hit New Lows For The Day
Energy futures are trading higher this morning on Libya fire/weather outlook, while precious metals are selling off.
Feb WTI crude oil futures have been trading higher all day so far and rose as high as $55.67/barrel overnight on reports of a fire at oil storage terminals in Libya, which is disrupting oil output there. Crude tested that same level four hours later, around 7am EST, and is currently trading +2
Natural gas futures are trading nicely higher as well as current weather outlooks provide a more …More