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September NYMEX Natural Gas Futures Contract Closed at $8.874 on Thursday, August 11th

Par spragueoperati | août 12, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $8.874 on Thursday, August 11th

Thursday, August 11th saw the September NYMEX Natural Gas Futures Contract open at $8.407, twenty cents above Wednesday’s closing price $8.202. Trading within a 10-cent window of $8.400 in the […]

The EIA Increased its Oil Demand Growth Forecast for the Year

Par spragueoperati | août 12, 2022 | Commentaires fermés sur The EIA Increased its Oil Demand Growth Forecast for the Year

Recap:  The crude oil market on Thursday rallied higher after the IEA increased its oil demand growth forecast for the year. The IEA raised its outlook for demand this year […]

September NYMEX Natural Gas Futures Contract Closed at $8.202 on Wednesday, August 10th

Par spragueoperati | août 11, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $8.202 on Wednesday, August 10th

Wednesday, August 10th saw the September NYMEX Natural Gas Futures Contract open at $7.790, four cents below Tuesday’s closing price $7.833. Falling to the intraday low of $7.725 by 9:15AM […]

On Wednesday, the Oil Market Traded Lower as it Breached its Previous Low

Par spragueoperati | août 11, 2022 | Commentaires fermés sur On Wednesday, the Oil Market Traded Lower as it Breached its Previous Low

Recap:  On Wednesday, the oil market traded lower as it breached its previous low on news that oil flows via the southern branch of the Druzhba oil pipeline would restart […]

September NYMEX Natural Gas Futures Contract Closed at $7.833 on Tuesday, August 9th

Par spragueoperati | août 10, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $7.833 on Tuesday, August 9th

Tuesday, August 9th saw the September NYMEX Natural Gas Futures Contract open at $7.786, twenty cents above Monday’s closing price $7.589. Trading along either side of $7.800 throughout the morning, […]

The Market Traded Higher After it Retraced Some of its Early Losses

Par spragueoperati | août 10, 2022 | Commentaires fermés sur The Market Traded Higher After it Retraced Some of its Early Losses

Recap: The oil market seesawed on Tuesday, trading in and out of positive territory. The market traded higher after it retraced some of its early losses on concerns over tight […]

September NYMEX Natural Gas Futures Contract Closed at $7.589 on Monday, August 8th

Par spragueoperati | août 9, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $7.589 on Monday, August 8th

Monday, August 8th saw the September NYMEX Natural Gas Futures Contract open at $7.663, forty cents below Friday’s closing price $8.064. Tallying the intraday low of $7.569 by 9:45AM, further […]

The Market Held Support at its Previous Low and Rallied Higher as the Equities Market Posted Some Gains Early

Par spragueoperati | août 9, 2022 | Commentaires fermés sur The Market Held Support at its Previous Low and Rallied Higher as the Equities Market Posted Some Gains Early

Recap:  The oil market, which looked ready to post an inside trading day, rallied higher late in the session. The market posted a low of $87.22 early in the morning […]

September NYMEX Natural Gas Futures Contract Closed at $8.064 on Friday, August 5th

Par spragueoperati | août 8, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $8.064 on Friday, August 5th

Friday, August 5th saw the September NYMEX Natural Gas Futures Contract open at $7.964, sixteen cents below Thursday’s closing price $8.122. Marking the intraday low of $7.934 out of the […]

Oil Futures Settled Higher on Friday, Recouping Some of the Week’s Losses on Strong U.S. Job Growth Data

Par spragueoperati | août 8, 2022 | Commentaires fermés sur Oil Futures Settled Higher on Friday, Recouping Some of the Week’s Losses on Strong U.S. Job Growth Data

Recap:  Oil futures settled higher on Friday, recouping some of the week’s losses on strong U.S. job growth data, but finished the week at their lowest levels since February, rattle […]