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Concerns Over Libya’s Oil Output Outweighed a Smaller Than Expected Draw in U.S. Crude Stocks

Par Emily Beckett | août 30, 2024 | 0 commentaire

Recap:  The crude market on Thursday remained steady following two sessions of losses as concerns over Libya’s oil output outweighed a smaller than expected draw in U.S. crude stocks. The […]

October NYMEX Natural Gas Futures Contract Closed at $2.137 on Thursday, August 29th

Par Emily Beckett | août 30, 2024 | 0 commentaire

Thursday, August 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.056, four cents below Wednesday’s closing price of $2.097. Receding to mark an intraday low of $2.026 […]

What Does Energy Deregulation Mean for Businesses in the Northeast?

Par Emily Beckett | août 29, 2024 | 0 commentaire

What is Energy Delivery Service? Whether your business relies on electricity, natural gas, or both, you obtain these services from your local utility company. Utilities are responsible for delivering electricity […]

Concerns Over Chinese Demand and Increased Risks of a Broader Economic Slowdown

Par Emily Beckett | août 29, 2024 | 0 commentaire

Recap:  The crude market continued to trend lower as demand concerns outweighed geopolitical tensions. The market traded lower due to continuing concerns over Chinese demand and increased risks of a […]

October NYMEX Natural Gas Futures Contract Closed at $2.097 on Wednesday, August 28th

Par Emily Beckett | août 29, 2024 | 0 commentaire

Wednesday, August 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.890, a penny below Tuesday’s closing price of $1.904. Marking a four-month intraday low of $1.856 within […]

A Potential Shutdown of Most of Libya’s Oil Fields

Par Emily Beckett | août 28, 2024 | 0 commentaire

Recap:  The oil market posted an inside trading day on a price correction after rallying over the previous three sessions on supply concerns amid fears of widening Middle East conflict […]

September NYMEX Natural Gas Futures Contract Closed at $1.904 on Tuesday, August 27th

Par Emily Beckett | août 28, 2024 | 0 commentaire

Tuesday, August 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.934, two cents below Monday’s closing price of $1.956. Recording the intraday high of $1.936 within minutes […]

Supply Concerns Amid Reports of Escalating Conflict in the Middle East

Par Emily Beckett | août 27, 2024 | 0 commentaire

Recap:  The oil market on Monday continued to trend higher for the third consecutive session on supply concerns amid reports of escalating conflict in the Middle East and output cuts […]

September NYMEX Natural Gas Futures Contract Closed at $1.956 on Monday, August 26th

Par Emily Beckett | août 27, 2024 | 0 commentaire

Monday, August 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.979, four cents below Friday’s closing price of $2.022. Ascending to tally the intraday high of $2.006 […]

Guy Nido Inc. Embracing Renewable Diesel with Sprague Energy

Par Emily Beckett | août 26, 2024 | 0 commentaire

Guy Nido Inc. is a small, family-owned business with 20 employees based in Wilmington, Vermont serving over 2,500 customers in the area. They specialize in home heating oil, propane, diesel, […]