Oil Prices And Natural Gas Prices Jump On Supply Fears

Fears surrounding a lack of supply are now trumping the fears surrounding a lack of demand as the industry seeks a delicate balance between the two The oil market sentiment has shifted. Fears surrounding a lack of supply are now trumping the fears surrounding a lack of demand as the industry seeks a delicate balance between the two. Crude oil prices—and natural gas, too—climbed on Wednesday, as the API reported that crude oil and petroleum product inventories fell a day earlier. Oil prices are now at a six-week high. The price of WTI…