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The Crude Market Traded Higher on News of Monetary Stimulus in China

Par Emily Beckett | septembre 25, 2024 | 0 commentaire

Recap:  The crude market traded higher on news of monetary stimulus in China, the continuing concerns over the escalating tension in the Middle East and a tropical storm threatening supply […]

October NYMEX Natural Gas Futures Contract Closed at $2.551 on Tuesday, September 24th

Par Emily Beckett | septembre 25, 2024 | 0 commentaire

Tuesday, September 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.607, $0.006 below Monday’s closing price of $2.613. Chopping around within three cents of $2.610 throughout the […]

The Market Weighed Escalating Tensions in the Middle East Against Continuing Concerns Over Demand

Par Emily Beckett | septembre 24, 2024 | 0 commentaire

Recap:  The oil market on Monday posted an outside trading day as the market weighed the escalating tensions in the Middle East against continuing concerns over demand. The market traded […]

October NYMEX Natural Gas Futures Contract Closed at $2.613 on Monday, September 23rd

Par Emily Beckett | septembre 24, 2024 | 0 commentaire

Monday, September 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.500, $0.066 above Friday’s closing price of $2.434. Supported by another tropical storm that will soon enter […]

The October WTI Contract Posted an Inside Trading Day on its Expiration

Par Emily Beckett | septembre 23, 2024 | 0 commentaire

Recap:  The crude market gave up some of its previous gains, with the October WTI contract posting an inside trading day on its expiration. The market weighed the increasing tension […]

October NYMEX Natural Gas Futures Contract Closed at $2.434 on Friday, September 20th

Par Emily Beckett | septembre 23, 2024 | 0 commentaire

Friday, September 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.376, three cents above Thursday’s closing price of $2.348. Falling to the intraday low of $2.314 ahead […]

Federal Reserve’s Decision to Cut Interest Rates by Half a Percentage Point

Par Emily Beckett | septembre 20, 2024 | 0 commentaire

Recap:  The oil market traded higher on Thursday as the market focused on the Federal Reserve’s decision on Wednesday to cut interest rates by half a percentage point. The market […]

October NYMEX Natural Gas Futures Contract Closed at $2.348 on Thursday, September 19th

Par Emily Beckett | septembre 20, 2024 | 0 commentaire

Thursday, September 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.244, four cents below Wednesday’s closing price of $2.284. Trading within a narrow band near $2.250 leading […]

The Market Positioned Itself Ahead of a Potentially Bullish Impact of a U.S. Interest Rate Cut

Par Emily Beckett | septembre 19, 2024 | 0 commentaire

Recap:  The oil market posted an inside trading day and traded lower on Wednesday following two consecutive days of gains. In overnight trading, the market continued to retrace the gains […]

October NYMEX Natural Gas Futures Contract Closed at $2.284 on Wednesday, September 18th

Par Emily Beckett | septembre 19, 2024 | 0 commentaire

Wednesday, September 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.360, four cents above Tuesday’s closing price of $2.324. Recording the intraday high of $2.364 by 9:30AM, […]