Search Results

Builds in U.S. Crude Stocks Offset its Gains From a Potential Extension to the OPEC+ Output Cuts

Par spragueoperati | février 29, 2024 | 0 commentaire

Recap:  The oil market ended the session mostly sideways after posting the day’s trading range by mid-morning as larger than expected builds in U.S. crude stocks offset its gains from […]

April NYMEX Natural Gas Futures Contract Closed at $1.808 on Tuesday, February 27th

Par spragueoperati | février 28, 2024 | 0 commentaire

Tuesday, February 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.680, two cents above Monday’s closing price of $1.659.  Trading within a wide range throughout the day, […]

The Market Focused on Uncertainty Over a Potential Gaza Ceasefire and Expectations That OPEC+ Will Extend Voluntary Supply Cuts

Par spragueoperati | février 28, 2024 | 0 commentaire

Recap:  The crude market on Tuesday traded higher as the market focused on uncertainty over a potential Gaza ceasefire and expectations that OPEC+ will extend voluntary supply cuts in March. […]

March NYMEX Natural Gas Futures Contract Closed at $1.659 on Monday, February 26th

Par spragueoperati | février 27, 2024 | 0 commentaire

Monday, February 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.709, ten cents above Friday’s closing price of $1.603. Supported by last week’s news of a drop […]

The Oil Market on Monday Rallied Higher as Houthi Rebel Attacks Increased Concerns of Disruptions to Supply

Par spragueoperati | février 27, 2024 | 0 commentaire

Recap:  The oil market on Monday rallied higher as Houthi rebel attacks increased concerns of disruptions to supply. The U.S. Central Command said Houthi rebels in Yemen narrowly missed hitting […]

March NYMEX Natural Gas Futures Contract Closed at $1.603 on Friday, February 23rd

Par spragueoperati | février 26, 2024 | 0 commentaire

Friday, February 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.621, eleven cents below Thursday’s closing price of $1.732. Posting a modest bump to achieve the intraday […]

Oil Market Falls as Fed’s Rate Cut Delay and Geopolitical Tensions Fuel Uncertainty

Par spragueoperati | février 26, 2024 | 0 commentaire

Recap: On Friday, the oil market erased Thursday’s gains and posted a weekly decline of 2.51% after Federal Reserve officials continued to push back against a near-term start to interest rate […]

March NYMEX Natural Gas Futures Contract Closed at $1.732 on Thursday, February 22nd

Par spragueoperati | février 23, 2024 | 0 commentaire

Thursday, February 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.698, nearly eight cents below Wednesday’s closing price of $1.773. Ascending to $1.732 by 9:35AM, prices withdrew […]

The Market Continued to Trend Higher on News of a Missile Attack on a Cargo Ship

Par spragueoperati | février 23, 2024 | 0 commentaire

Recap:  The oil market rallied higher on Thursday on continued tensions in the Middle East. In overnight trading, the market continued to trend higher on news of a missile attack […]

March NYMEX Natural Gas Futures Contract Closed at $1.773 on Wednesday, February 21st

Par spragueoperati | février 22, 2024 | 0 commentaire

Wednesday, February 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.770, nineteen cents above Tuesday’s closing price of $1.576. A major natural gas producer announced a planned […]