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U.S. oil prices mark 7-day climb as natural-gas prices drop nearly 5% - MarketWatch

MarketWatch · last updated

U.S. oil prices mark 7-day climb as natural-gas prices drop nearly 5% - MarketWatch

Oil futures settled higher Tuesday, with U.S. benchmark prices marking a seventh straight session gain, as traders continued to weigh risks to crude supplies tied to Middle East tensions and energy-demand prospects.

Natural-gas futures, meanwhile, moved lower for a sixth consecutive session, settling at their lowest level since July 2020 on expectations for weaker U.S. demand and excess supplies.

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