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A team of traders at Goldman Sachs made $100 million betting on natural gas, and it fueled a huge comeback for the Wall Street bank (GS)

Business Insider Monday, 8 October 2018
A team of traders at Goldman Sachs made $100 million betting on natural gas, and it fueled a huge comeback for the Wall Street bank (GS)· Goldman Sachs racked up $100 million in the first half trading natural gas, thanks to trades made by Shane Lee, a Calgary-based trader, and his team, according to people with knowledge of the matter.
· Natural gas prices set records in early January when below-average temperatures accompanied by a snow storm dubbed the Bomb...
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News video: Drilling Operations Resume In Gulf Of Mexico

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According to Reuters, oil producers in the US are restoring drilling operations in the Gulf of Mexico. More than 90 offshore facilities are going back online, after their crews were evacuated ahead of Hurricane Michael. The evacuations caused US oil output in the Gulf to drop 40-percent, while...

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