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The Crude Market Rallied Higher Ahead of the Release of the Federal Reserve’s Last Meeting in February

Par spragueoperati | février 22, 2024 | 0 commentaire

Recap:  The oil market traded higher as the market remained well supported by the continuing geopolitical tensions in the Middle East. The market traded lower in overnight trading, posting a […]

March NYMEX Natural Gas Futures Contract Closed at $1.576 on Tuesday, February 20th

Par spragueoperati | février 21, 2024 | 0 commentaire

Tuesday, February 20th saw the front-month NYMEX Natural Gas Futures Contract open at $1.584, roughly two cents below Friday’s closing price of $1.609. Knocked down over the long weekend due […]

The Market Weighed an Uncertain Outlook For Global Demand Against the Risk Premium From the Continuing Israeli-Hamas Conflict

Par spragueoperati | février 21, 2024 | 0 commentaire

Recap:  The March WTI contract posted an outside trading day on Tuesday morning, ahead of its expiration at the close, as the market weighed an uncertain outlook for global demand […]

March NYMEX Natural Gas Futures Contract Closed at $1.609 on Friday, February 16th

Par spragueoperati | février 20, 2024 | 0 commentaire

Friday, February 16th saw the front-month NYMEX Natural Gas Futures Contract open at $1.608, four cents below Thursday’s closing price of $1.581. Recording the intraday low of $1.590 within minutes […]

The Oil Market on Friday Continued on its Upward Trend as Geopolitical Tensions in the Middle East Outweighed the IEA’s Forecast

Par spragueoperati | février 20, 2024 | 0 commentaire

Recap: The oil market on Friday continued on its upward trend as geopolitical tensions in the Middle East outweighed the IEA’s forecast released on Thursday showing slowing demand. Gaza’s largest […]

March NYMEX Natural Gas Futures Contract Closed at $1.581 on Thursday, February 15th

Par spragueoperati | février 16, 2024 | 0 commentaire

Thursday, February 15th saw the front-month NYMEX Natural Gas Futures Contract open at $1.667, four cents below Wednesday’s closing price of $1.609. Marking the intraday high as markets opened, prices […]

The Oil Market Rebounded From its Earlier Losses and Ended the Session Higher on the Back of a Weaker Dollar

Par spragueoperati | février 16, 2024 | 0 commentaire

Recap:  On Thursday, the oil market rebounded from earlier losses and ended the session higher on the back of a weak dollar. The market traded lower in overnight trading as […]

March NYMEX Natural Gas Futures Contract Closed at $1.610 on Wednesday, February 14th

Par spragueoperati | février 15, 2024 | 0 commentaire

Wednesday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.646, four cents below Tuesday’s closing price of $1.689. Receiving no love from market fundamentals, the contract […]

Increasing U.S. Inventories Weighed on Market Sentiment

Par spragueoperati | février 15, 2024 | 0 commentaire

Recap:  The oil market posted an inside trading day on Wednesday as it held on to Tuesday's gains on a strong demand growth forecast from OPEC and later sold off […]

March NYMEX Natural Gas Futures Contract Closed at $1.689 on Tuesday, February 13th

Par spragueoperati | février 14, 2024 | 0 commentaire

Tuesday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.742, nearly three cents below Monday’s closing price of $1.768. Once again recording the intraday high, $1.743, […]