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August NYMEX Natural Gas Futures Contract Closed at $2.319 on Friday, July 5th

Par Emily Beckett | juillet 8, 2024 | 0 commentaire

Friday, July 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.379, four cents below Wednesday’s closing price of $2.418. Ascending to the intraday high of $2.405 at […]

The Market Weighed Larger Than Expected Draws in Oil Stocks Against Bearish Economic Data from the U.S., the Euro Zone, and China

Par Emily Beckett | juillet 5, 2024 | 0 commentaire

Recap:  The oil market ended the session higher on Wednesday as the market weighed larger than expected draws in oil stocks against bearish economic data from the U.S., the euro […]

August NYMEX Natural Gas Futures Contract Closed at $2.418 on Wednesday, July 3rd

Par Emily Beckett | juillet 5, 2024 | 0 commentaire

Wednesday, July 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.437, nearly even to Tuesday’s closing price of $2.435. Recording the intraday low of $2.410 by 9:35AM, […]

An Expected Rise in Demand as the Summer Travel Season Increases with the Independence Day Holiday This Week

Par Emily Beckett | juillet 3, 2024 | 0 commentaire

Recap:  On Tuesday, the oil market ended the session lower after the market extended its previous gains to two-month highs early in the session. The market was well supported by […]

August NYMEX Natural Gas Futures Contract Closed at $2.435 on Tuesday, July 2nd

Par Emily Beckett | juillet 3, 2024 | 0 commentaire

Tuesday, July 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.453, nearly three cents below Monday’s closing price of $2.478. Reaching its apex of $2.465 by 9:15AM, […]

The Oil Market on Monday Continued on its Upward Trend, Supported by Increasing Geopolitical Concerns

Par Emily Beckett | juillet 2, 2024 | 0 commentaire

Recap:  The oil market on Monday continued on its upward trend, supported by increasing geopolitical concerns. There are fears of conflict in southern Lebanon in light of a military build-up, […]

August NYMEX Natural Gas Futures Contract Closed at $2.478 on Monday, July 1st

Par Emily Beckett | juillet 2, 2024 | 0 commentaire

Monday, July 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.558, four cents below Friday’s closing price of $2.601. Ascending to the intraday high of $2.575 by […]

Market Sentiment Was Weighed Down by Weak U.S. Gasoline Demand

Par Emily Beckett | juillet 1, 2024 | 0 commentaire

Recap:  The crude market ended the session lower as market sentiment was weighed down by weak U.S. gasoline demand. The market remained well supported in overnight trading and continued its […]

August NYMEX Natural Gas Futures Contract Closed at $2.601 on Friday, June 28th

Par Emily Beckett | juillet 1, 2024 | 0 commentaire

Friday, June 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.732, five cents above Thursday’s closing price of $2.685. Recording the intraday high as markets opened, the […]

The Market Remained Supported by Concerns Over Geopolitical Tension in the Middle East

Par Emily Beckett | juin 28, 2024 | 0 commentaire

Recap:  The oil market traded higher on Thursday as the market remained supported by concerns over the geopolitical tension in the Middle East. However, its gains were limited by the […]