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Refiners in Texas struggle to bounce back from the mid-February deep freeze

Par spragueoperati | mars 17, 2021 | 0 commentaire

Recap: Oil futures fell on Tuesday, as European countries suspended the use of Oxford/AstraZeneca’s vaccine after reports of possible serious side effects. Investors grew worrisome that the slow pace of vaccinations […]

April NYMEX Natural Gas Futures Contract Closed at $2.484 on Monday, March 15th

Par spragueoperati | mars 16, 2021 | 0 commentaire

Monday, March 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.535, almost seven cents below Friday’s closing price of $2.600. Prices would reach their intraday high moments […]

Oil prices slipped on Monday

Par spragueoperati | mars 16, 2021 | 0 commentaire

Recap: Oil prices slipped on Monday, pulling back from earlier gains nurtured by strong Chinese economic news and ongoing supply restraint from OPEC+. China’s industrial output growth quickened in January-February, […]

April NYMEX Natural Gas Futures Contract Closed at $2.600 on Friday, March 12th

Par spragueoperati | mars 15, 2021 | 0 commentaire

Friday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.660, almost even with Thursday’s closing price of $2.664. Prices would reach their intraday high of $2.673 […]

Baker Hughes reported that the number of U.S. oil drilling rigs fell by 1 to 309

Par spragueoperati | mars 15, 2021 | 0 commentaire

Recap: It was a lackluster trading session for oil futures on Friday, as prices pulled back from Thursday’s RBOB lead rally. Strength in the U.S. dollar weighed on the market, as […]

April NYMEX Natural Gas Futures Contract Closed at $2.664 on Thursday, March 11th

Par spragueoperati | mars 12, 2021 | 0 commentaire

Thursday, March 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.673, almost two cents below Wednesday’s closing price of $2.692. Prices traded steadily up until the release […]

OPEC’s demand forecast for 2021 sees demand growth of 5.89 million barrels per day in 2021

Par spragueoperati | mars 12, 2021 | 0 commentaire

Recap: Energy markets were dragged higher by RBOB futures, as the front-month contract settled at its highest level in 2 ½ years. Oil futures also got a boost from a […]

April NYMEX Natural Gas Futures Contract Closed at $2.692 on Wednesday, March 10th

Par spragueoperati | mars 11, 2021 | 0 commentaire

Wednesday, March 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.634, almost three cents below Wednesday’s closing price of $2.662. Prices dropped to an intraday low soon […]

The EIA reported a 13.8 million barrel build in U.S. crude oil inventories

Par spragueoperati | mars 11, 2021 | 0 commentaire

Recap: Oil futures opened Wednesday’s session trading unchanged, but by daybreak on the East Coast, April WTI was trading just below $65 a barrel. This strong technical number held up, […]

April NYMEX Natural Gas Futures Contract Closed at $2.664 on Tuesday, March 10th

Par spragueoperati | mars 10, 2021 | 0 commentaire

Monday, March 8th saw the front-month NYMEX Natural Gas Futures Contract open at an intraday low of $2.644 almost six cents below Monday’s closing price of $2.701. Prices took an […]