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Wednesday, August 6th saw the front-month NYMEX Natural Gas contract open at $3.052, $0.042 above Tuesday’s closing price of $3.010. Finding support from steady LNG exports and updated bullish forecasts, […]
Since 1959, Southbridge Tire and Oil Co. has proudly served residential and commercial heating oil customers across Massachusetts and Connecticut. With decades of experience in the industry, its operations team […]
Recap: The crude market on Tuesday continued to trend lower as the market weighed the increasing OPEC+ output and concerns over weaker demand against U.S. President Donald Trump’s threats to […]
Tuesday, August 5th saw the front-month NYMEX Natural Gas contract open at $3.000, $0.068 above Monday’s closing price of $2.932. Recording the intraday low of 2.965, bulls then jumped on […]
Monday, August 4th saw the front-month NYMEX Natural Gas contract open at $3.008, $0.075 below Friday’s closing price of $3.083. Achieving the intraday high of $3.028 at 9:35AM, the contract […]
Recap: The oil market traded lower after OPEC+ on Sunday agreed to another output increase for September, adding to the market’s concerns of oversupply amid lower demand. OPEC+ agreed to […]
Recap: The oil market traded lower on Friday as the market weighed the impact of furtherimport tariffs imposed by U.S. President Donald Trump ranging from 10% to 41% on U.S.imports from […]
Friday, August 1st saw the front-month NYMEX Natural Gas contract open at $3.125, $0.019 above Thursday’s closing price of $3.106. Recording the intraday high of $3.128 by 9:05AM, prices trended […]
Thursday, July 31st saw the front-month NYMEX Natural Gas contract open at $3.041, $0.004 below Wednesday’s closing price of $3.045. Trading along either side of $3.010 leading up to the […]
Recap: The oil market traded lower following a three day rally and posted an inside trading day ahead of Friday’s tariff deadline and the threats of sanctions against Russia and […]