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Recap: The crude market posted an inside trading day as the market weighed the draws reported in crude inventories against central banks in the U.S. as well Europe and Asia […]
Thursday, December 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.491, up$0.117 compared to Wednesday’s closing price of $3.374. Following overnight gains that can be attributed to […]
Recap: The oil market retraced some of its recent losses in light of the weekly petroleumstocks reports showing draws in crude stocks. However, its gains were limited after the FederalReserve […]
Wednesday, December 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.400, up $0.092 compared to Tuesday’s closing price of $3.308. Sustaining overnight gains throughout the morning, analysts […]
Recap: On Tuesday, the oil market extended the losses triggered on Monday by concerns over China’s economy, while traders remained cautious ahead of the Federal Reserve’s decision on interest rates […]
Tuesday, December 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.175, down $0.039 compared to Monday’s closing price of $3.214. Pulling back to record the intraday low […]
Recap: The oil market on Monday traded lower as concerns over Chinese demand outweighed threats of tighter sanctions on Russia and Iran. Last week, the market was well supported by […]
Monday, December 16th saw the front-month NYMEX Natural Gas Futures Contract open at $3.210, down $0.070 compared to Friday’s closing price of $3.280. Touching down to an intraday low of […]
As the world transitions toward sustainable energy solutions, electric vehicles (EVs) have become a central focus for businesses looking to modernize their fleets, and reduce their environmental impact and operational […]
Recap: The crude oil market continued on its recent upward trend on Friday and posted a weekly gain of 6.09% on prospects of additional sanctions against Russia and Iran. Earlier […]