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The Real Estate Crisis in China Fueled Concerns Over its Oil Demand

Par spragueoperati | janvier 31, 2024 | 0 commentaire

Recap:  On Tuesday, the oil market traded within its recent trading range after the market sold off early in the session and later retraced its earlier losses. The crude market […]

March NYMEX Natural Gas Futures Contract Closed at $2.054 on Monday, January 29th

Par spragueoperati | janvier 30, 2024 | 0 commentaire

Monday, January 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.484, twenty-three cents below Friday’s closing price of $2.712. In a light day of trading for the […]

Drone Attack by Iran-Backed Militants on U.S. Troops in Northeastern Jordan

Par spragueoperati | janvier 30, 2024 | 0 commentaire

Recap: The oil market gapped higher on the opening on Sunday evening from $78.26 to $78.90 after three U.S. service members were killed and about 40 were wounded in a […]

March NYMEX Natural Gas Futures Contract Closed at $2.712 on Friday, January 26th

Par spragueoperati | janvier 29, 2024 | 0 commentaire

Friday, January 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.537, three cents below Thursday’s closing price of $2.571. In a volatile day of trading, following a […]

Positive U.S. Economic Growth and Economic Stimulus in China

Par spragueoperati | janvier 29, 2024 | 0 commentaire

Recap: The oil market on Friday retraced some of its earlier losses in afternoon trading and settled higher for a second consecutive week. Positive U.S. economic growth and economic stimulus […]

February NYMEX Natural Gas Futures Contract Closed at $2.571 on Thursday, January 25th

Par spragueoperati | janvier 26, 2024 | 0 commentaire

Thursday, January 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.754, eleven cents above Wednesday’s closing price of $2.641. With prices threatening the $2.900 level near 7:30AM, […]

Oil Prices Climb Following Significant Inventory Drawdown and Positive Economic Stimulus Signals

Par spragueoperati | janvier 26, 2024 | 0 commentaire

Recap: The oil market continued to trend higher on Thursday as the market remained well supported following the EIA report on Wednesday showing a larger than expected draw in crude […]

February NYMEX Natural Gas Futures Contract Closed at $2.641 on Wednesday, January 24th

Par spragueoperati | janvier 25, 2024 | 0 commentaire

Wednesday, January 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.595, fifteen cents above Tuesday’s closing price of $2.450. Per NatGasWeather.com, “the coming 15-day US weather pattern […]

Oil Market Surges on Unexpected Drop in Crude Stocks and Decline in U.S. Production

Par spragueoperati | janvier 25, 2024 | 0 commentaire

Recap: The oil market traded higher on Wednesday following a larger than expected draw in crude stocks and fall in U.S. crude output. The geopolitical tensions in the Middle East […]

February NYMEX Natural Gas Futures Contract Closed at $2.450 on Tuesday, January 23rd

Par spragueoperati | janvier 24, 2024 | 0 commentaire

Tuesday, January 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.336, eight cents below Monday’s closing price of $2.419. Similar to the prior session, bearish forecasts to […]