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Oil futures climbed by almost 5% on Wednesday

Par spragueoperati | avril 15, 2021 | 0 commentaire

Recap: Oil futures climbed by almost 5% on Wednesday, as the International Energy Agency raised its forecast for global oil demand and as U.S. government data revealed a third-weekly drop in […]

OPEC raised its forecast for oil consumption by 190,000 bpd for 2021

Par spragueoperati | avril 14, 2021 | 0 commentaire

Recap: On Tuesday, the oil market posted an inside trading day as it failed to breach Monday’s trading range.  While the market traded sideways, it did trade higher for much of […]

May NYMEX Natural Gas Futures Contract Closed at $2.561 on Monday, April 12th

Par spragueoperati | avril 13, 2021 | 0 commentaire

Monday, April 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.583, six cents above Friday’s closing price of $2.526.  Ascending to an intraday high of $2.599 within […]

The oil market was supported by optimism over the pace of coronavirus vaccinations in the U.S.

Par spragueoperati | avril 13, 2021 | 0 commentaire

Recap: The oil market on Monday posted an outside trading as the market was well supported by optimism over the pace of coronavirus vaccinations in the U.S. and news that the […]

May NYMEX Natural Gas Futures Contract Closed at $2.526 on Friday, April 9th

Par spragueoperati | avril 12, 2021 | 0 commentaire

Friday, April 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.534, a penny above Thursday’s closing price of $2.522.  Ascending to an intraday high of $2.552 within […]

OPEC and its allies decided to increase supplies by 2 million barrels per day

Par spragueoperati | avril 12, 2021 | 0 commentaire

Recap: Oil futures edged lower on Friday, on concerns about increasing supply, and slowing demand, as the number of coronavirus cases rise across Europe, Brazil and India. Additional downside pressure […]

WTI traded to the downside and Brent held on to small gains

Par spragueoperati | avril 9, 2021 | 0 commentaire

Recap: Oil prices were little changed, as they traded on a mixed note, with WTI trading to the downside, while Brent held on to small gains. The mixed emotions came as […]

May NYMEX Natural Gas Futures Contract Closed at $2.520 on Wednesday, April 7th

Par spragueoperati | avril 8, 2021 | 0 commentaire

Wednesday, April 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.538, three cents above Monday’s closing price of $2.456.  Tallying an intraday low of $2.470 out of […]

The EIA reported a more than 4 million barrel build in U.S. gasoline stockpiles

Par spragueoperati | avril 8, 2021 | 0 commentaire

Recap: Oil futures fell from session highs alongside a strengthening dollar while the biggest U.S. gasoline supply increase in two months offset a drop in crude inventories. WTI fell as much […]

May NYMEX Natural Gas Futures Contract Closed at $2.456 on Tuesday, April 6th

Par spragueoperati | avril 7, 2021 | 0 commentaire

Tuesday, April 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.538, three cents above Monday’s closing price of $2.511.  Achieving an intraday high of $2.557 within minutes […]