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The EIA reported the third weekly rise in U.S. crude supplies

Par spragueoperati | septembre 22, 2022 | Commentaires fermés sur The EIA reported the third weekly rise in U.S. crude supplies

Recap: Oil futures fell on Wednesday after the EIA reported the third weekly rise in U.S. crude supplies and on expectations that the U.S. Federal Reserve will once again raise interest […]

October NYMEX Natural Gas Futures Contract Closed at $7.717 on Tuesday, September 20th

Par spragueoperati | septembre 21, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $7.717 on Tuesday, September 20th

Tuesday, September 20th saw the October NYMEX Natural Gas Futures Contract open at $7.775, two cents above Monday’s closing price of $7.752. Trailing downward to the intraday low of $7.647 […]

The U.S. Recently Announced it Would Sell Up to 10 Million Barrels for Delivery in November

Par spragueoperati | septembre 21, 2022 | Commentaires fermés sur The U.S. Recently Announced it Would Sell Up to 10 Million Barrels for Delivery in November

Recap:  Oil futures fell on Tuesday, as traders geared up for the Tuesday/Wednesday U.S. Federal Reserve meeting, where another rate hike is expected. Traders were also concerned about sale from […]

October NYMEX Natural Gas Futures Contract Closed at $7.752 on Monday, September 19th

Par spragueoperati | septembre 20, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $7.752 on Monday, September 19th

Monday, September 19th saw the October NYMEX Natural Gas Futures Contract open at $7.436, thirty-three cents below Friday’s closing price of $7.764. Losing ground overnight in a continuation of Friday’s […]

Global Demand Could Slow Due to a Strong U.S. Dollar and Possible Large Increases to Interest Rates

Par spragueoperati | septembre 20, 2022 | Commentaires fermés sur Global Demand Could Slow Due to a Strong U.S. Dollar and Possible Large Increases to Interest Rates

Recap:  Oil prices held steady in volatile trading on Monday, as traders balanced worries about tight supplies with fears that global demand could slow due to a strong U.S. dollar […]

October NYMEX Natural Gas Futures Contract Closed at $7.764 on Friday, September 16th

Par spragueoperati | septembre 19, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $7.764 on Friday, September 16th

Friday, September 16th saw the October NYMEX Natural Gas Futures Contract open at $8.022, thirty cents below Thursday’s closing price of $8.324. Lacking any material changes to fundamentals, the contract […]

Concern Over Tight Supplies was Outweighed by Escalating Fear of Sharp Interest Rate Hikes

Par spragueoperati | septembre 19, 2022 | Commentaires fermés sur Concern Over Tight Supplies was Outweighed by Escalating Fear of Sharp Interest Rate Hikes

Recap:  Oil prices dipped in early trade on Friday, extending the week's losses as concern over tight supply was outweighed by escalating fear of sharp interest rate hikes slamming global […]

October NYMEX Natural Gas Futures Contract Closed at $8.324 on Thursday, September 15th

Par spragueoperati | septembre 16, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $8.324 on Thursday, September 15th

Thursday, September 15th saw the October NYMEX Natural Gas Futures Contract open at $8.562, fifty-five cents below Wednesday’s closing price of $9.114. Marking the intraday high of $8.573 within minutes […]

Oil Futures Declined on Thursday, with U.S. Prices Settling at Their Lowest in a Week

Par spragueoperati | septembre 16, 2022 | Commentaires fermés sur Oil Futures Declined on Thursday, with U.S. Prices Settling at Their Lowest in a Week

Recap: Oil futures declined on Thursday, with U.S. prices settling at their lowest in a week. Oil fundamentals are still mostly bearish as China's demand outlook remains a big question mark […]

October NYMEX Natural Gas Futures Contract Closed at $9.114 on Wednesday, September 14th

Par spragueoperati | septembre 15, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $9.114 on Wednesday, September 14th

Wednesday, September 14th saw the October NYMEX Natural Gas Futures Contract open at $8.605, thirty-two cents above Tuesday’s closing price of $8.284. Marking the intraday low of $8.599 within minutes […]